— Bloomberg Markets (@markets) March 13, 2023
NYSE HALT FIRST REPUBLIC FOR ADDITIONAL INFORMATION, LAST AT $28.56.
— Breaking Market Information (@financialjuice) March 13, 2023
One motive why First Republic financial institution seems to be like its imploding could possibly be as a result of it really cannot profit from the Fed’s new bailout facility.
You want Treasuries and Company MBS to faucet the power, and so they barely personal any. pic.twitter.com/XY3927ZPse
— Joseph Wang (@FedGuy12) March 13, 2023
*WESTERN ALLIANCE SINKS A RECORD 76%; HALTED FOR VOLATILITY t.co/RSDu2ankJ3
— zerohedge (@zerohedge) March 13, 2023
— Álvaro Oviedo 🇺🇦 (@alvoviedo) March 13, 2023
The margin name vibes are beginning to kick in
Biden talking on bailout program and reassuring customers, quite a few financial institution shares imploding premarket, 95% of People don’t know what SVB or SBNY are. Gl. pic.twitter.com/ijmx8vWr6q
— Don Johnson (@DonMiami3) March 13, 2023
That is unbelievable:
After the collapse of SVB, Fed futures now present a 23% likelihood of ZERO charge hikes this month.
The bottom case is now charges rising to five.00% whereas simply final week it was 6.00%.
Futures now see 5 charge CUTS by subsequent summer time.
Markets suppose that SVB broke the system. pic.twitter.com/PU2oPde6E7
— The Kobeissi Letter (@KobeissiLetter) March 13, 2023