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Strategies & Market Trends : Value Investing

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To: Ccube who wrote (72524)3/12/2023 9:23:22 PM
From: Ccube   of 78898
 
SBNY signature bank also went under. Looks like Fed is worried about bank runs so they are guaranteeing all deposits with both failed banks. And creating a facility for banks to borrow against their assets to cover withdraws. I know banks are stronger blah blah because of stress tests etc from 2008 financial crisis but this has similar vibes to 2008. We getting TARP2?

Futures are up. Looks like market is expecting fed to pivot sooner because things are starting to break.
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