Like Tree50Likes

SV Bank taken over by regulator

Closed Thread
Page 7 of 9 FirstFirst ... 4 5 6 7 8 9 LastLast
  1. #61

    Join Date
    Dec 2002
    Location
    薄扶林
    Posts
    47,965
    Mission accomplished.

    “In light of the stress in the banking system, we no longer expect the FOMC to deliver a rate hike at its next meeting on March 22,” Goldman economist Jan Hatzius said in a Sunday note.
    https://www.cnbc.com/2023/03/13/gold...-in-march.html
    ndt likes this.

  2. #62

    Join Date
    May 2006
    Location
    Pampanga, Philippines
    Posts
    29,764
    Quote Originally Posted by shri:
    Wouldn't be the first time an economist got a prediction wrong
    huja and JAherbert like this.

  3. #63

    Join Date
    Nov 2017
    Posts
    520

    Have a feeling rates will still increase in the next US FOMC meet.

    This is a good detail summary, The Demise of Silicon Valley Bank - by Marc Rubinstein (netinterest.co)

    ndt, qhank and shri like this.

  4. #64

    Join Date
    Mar 2017
    Location
    Hong Kong
    Posts
    923
    Quote Originally Posted by redslert:
    Have a feeling rates will still increase in the next US FOMC meet.

    This is a good detail summary, The Demise of Silicon Valley Bank - by Marc Rubinstein (netinterest.co)
    this is an excellent summary. Thanks for this
    Gollygordon likes this.

  5. #65

    Join Date
    Dec 2002
    Location
    薄扶林
    Posts
    47,965

    No drama day... Unfortunately lost a bet that svb us would have a new owner before opening...

    Goldman Sachs was virtually alone when it said it expects the central bank to pass up the chance to hike rates next week.
    Something broke, but the Fed is still expected to go through with rate hikes

    https://www.cnbc.com/2023/03/13/some...ndroidappshare

  6. #66

    Join Date
    May 2021
    Posts
    1,733

    Time to tighten the seat belt, Strong turbulences followed by hard landing!!!


  7. #67

    Join Date
    Sep 2019
    Posts
    4,895

    After what they did to JP Morgan last time round, can’t imagine who would have plunged their hand into the hornets’ nest.

    Unfortunately there’s nothing many like more than rewarding the reckless and punishing the prudent. Not that they should have done anything differently having reached this pass, but galling seeing anyone argue being “more deserving than X”, and as usual I see us collectively picking up the bill somehow, if not this time then…


  8. #68

    Join Date
    Aug 2020
    Posts
    535
    Quote Originally Posted by shri:
    No drama day... Unfortunately lost a bet that svb us would have a new owner before opening...



    Something broke, but the Fed is still expected to go through with rate hikes

    https://www.cnbc.com/2023/03/13/some...ndroidappshare
    Well, they did for their UK "assets"

  9. #69

    Join Date
    Dec 2002
    Location
    薄扶林
    Posts
    47,965
    Quote Originally Posted by seirin:
    Well, they did for their UK "assets"
    It was a very qualified bet ... "A take over will be announced by ... ".

  10. #70

    Join Date
    Aug 2020
    Posts
    535
    Quote Originally Posted by shri:
    It was a very qualified bet ... "A take over will be announced by ... ".
    hopefully you only lost as much as what hsbc paid!
    shri and JAherbert like this.

Closed Thread
Page 7 of 9 FirstFirst ... 4 5 6 7 8 9 LastLast