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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Ccube who wrote (72499)3/9/2023 10:35:12 AM
From: Eric Bramble  Respond to of 78954
 
That's ironic. I am actually considering US treasuries; I went to the bank last week and the best they could offer was 2.89% .I think the market is going lower for a bit, so keeping an eye on the positions I missed.



To: Ccube who wrote (72499)3/9/2023 11:40:07 AM
From: Madharry  Read Replies (2) | Respond to of 78954
 
Unintended consequences. Its tragic that for months concerns have been expressed about the consumer being tapped out but SIVB could be the canary in the coal mine. I wonder how much bank equity has evaporated from securities losses coupled with deposits vanishing in the wake of the fed raising interest rates suddenly.
I suspect the fed are flat out afraid to release a white paper on how much damage they have now done to the financial system. I wonder if stress testing has taken into this account this scenario or will everyone end up with egg on their faces. I think that we should put up a sign at the federal reserve - " this is where it all went to hell in a handbasket" I never thought I would say this in my lifetime but now I can envision long lines of people trying to get their money out of banks.