FED Rate Decision
The rate decision is due at 2:00 pm today. More important than the rate decision is the end policy rate signals from the FED. Based on tightening credit conditions which acts as a break of the economy, this should decrease…
ECB Hikes Rates
Today the ECB raised rates by 0.5 to tackle the inflation problem in Europe. This raise comes on the back of the Swiss National Bank (SNB) offering support to Credit Suisse with $54 Billion. Credit Suisse shares rose after the…
SVB Collapse
The Silicon Valley Bank (SVB) collapse is the second largest bank failure in US history. It is only dwarfed by the collapse of Washing Mutual Bank in September 2008. SVB had assets of $209 Billion and Deposits of $175 Billion…
