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Mar 14 2023 07:22am
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Mar 14 2023 09:18am
Should have bought the regional bank stocks that went down 50% yesterday, there's been one heck of a rebound once everyone realised they massively overreacted.
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Mar 14 2023 10:03am
Quote (dro94 @ Mar 14 2023 09:18am)
Should have bought the regional bank stocks that went down 50% yesterday, there's been one heck of a rebound once everyone realised they massively overreacted.


dead cats bounce
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Mar 14 2023 10:10am
Market rallying because with the bank failures, only a 25bp is being priced in March rather than the expected 50bp. This flash crash in banks shows the vulnerability of our financial system due to rapid IR hikes, so market thinks Fed will pause to not cause more damage, as such risk assets are rallying. Technology companies rallying hard, banks are rebounding but doubt they recoup all their losses any time soon.

This event might be the catalyst for the 'pivot'.

If they stop rate hikes, like I said before, should probably expect higher inflation for years to come.
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Mar 14 2023 10:14am
Damn demonic rats :lol:
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Mar 14 2023 10:29am
Quote (ofthevoid @ Mar 14 2023 04:10pm)
Market rallying because with the bank failures, only a 25bp is being priced in March rather than the expected 50bp. This flash crash in banks shows the vulnerability of our financial system due to rapid IR hikes, so market thinks Fed will pause to not cause more damage, as such risk assets are rallying. Technology companies rallying hard, banks are rebounding but doubt they recoup all their losses any time soon.

This event might be the catalyst for the 'pivot'.

If they stop rate hikes, like I said before, should probably expect higher inflation for years to come.


CPI looked ok too
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Mar 14 2023 11:15am
Quote (Malopox @ Mar 14 2023 05:01am)
Banks don’t fail because they go on crypto currency.


Not all of them have competent managers, obviously.
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Mar 14 2023 11:17am
Quote (thesnipa @ Mar 13 2023 07:12pm)
not sure why this isn't being reported on more, likely suppressed to try and shut down more bank runs, but this is a scary signal for anyone like me that has been saying we're WAY over extended in the current financial sector. from auto, to housing, to student loans, to business loans, to the stock market. it's all a massive bubble.

https://www.forbes.com/sites/qai/2023/03/12/investors-wiped-out-as-bank-run-causes-collapse-of-silicon-valley-bank/?sh=21938fcf3e95

congress had an emergency meeting to stop bank runs before it got rolling due to a silicon valley bank collapse and run.


lol so u believe in conspiracies and lizard people am I right?
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Mar 14 2023 11:19am
Quote (Pullamies @ Mar 14 2023 11:17am)
lol so u believe in conspiracies and lizard people am I right?


no i think all conspiracy theories are 100% false and the govt never lies, because CNN told me that was the truth the day Joe Biden took office.
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Mar 14 2023 11:29am
Quote (ofthevoid @ Mar 14 2023 11:10am)
Market rallying because with the bank failures, only a 25bp is being priced in March rather than the expected 50bp. This flash crash in banks shows the vulnerability of our financial system due to rapid IR hikes, so market thinks Fed will pause to not cause more damage, as such risk assets are rallying. Technology companies rallying hard, banks are rebounding but doubt they recoup all their losses any time soon.

This event might be the catalyst for the 'pivot'.

If they stop rate hikes, like I said before, should probably expect higher inflation for years to come.


bring on the $36 Big Mac by 2040
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