Member Info for Tomaaa

Nettles
My take is that the US market is up on expectations the federal reserve won’t raise interest rates at the next meeting or at worst 0.25% down from expected 0.5%. Speculators will feed into riskier growth stocks such as tech. Maybe those speculators are right that the Federal reserve had a wake up call with these bank failures. Still mulling over the permutations myself for now as difficult to see wether further bank issues may be coming in next few days. Good for big banks as depositors will be moving cash into these safer banks from riskier small banks in the current climate. Lloyds and Barclays are looking a good price today for a top up so might regret not adding more.

Sully
Finally someone actually nows whats going on in Ukraine and what led up this war.

Nettles
I’m not this CW person so I’ll ignore that.
Your prediction this morning doesn’t have legs unless the banks financial sector worries die down and show signs of recovering. Tricky to make predictions at the moment until that situation calms down.

Risky! Crypto was de-banked once ‘Signature bank’ was taken over by the FED today.

Richierich
If the Chinese allied with Mexico and pushed their aims up to the US border what do you think the US would do? Do what happened in Cuba answer that question for you!!

Richierich
You clearly don’t now what’s going on in Ukraine so I’ll refrain from talking about it with you. Do a bit more research with a ‘balanced ‘ view on why it’s happened and why it didn’t need to happen and could have been avoided. The US had options at the start to avoid the war and subsequent loss of life on ‘both’ sides. Your problem is that your blinkered to a one sided view, if you read more than the western media narrative controlled by western governments you MIGHT realise there’s corruption on both sides but the west does it in a suit.

They had to roll ‘Biden’ out to try to calm depositors. Bless him :)

Current trading halts today.
https://www.nasdaqtrader.com/trader.aspx?id=tradehalts

https://www.reuters.com/business/finance/first-republic-slumps-additional-financing-fails-soothe-deposit-outflow-fears-2023-03-13/

‘First Republic Bank’ down around 60% today. Not sure what’s going on there with everything else going on.

Yeah, makes perfect sense to pause and find out the extent of the problem you’re looking at.

I’d imagine all those companies doing buybacks will be filling up on the dip. Dropped nice for them.

Goldmans GS seem to think they might freeze (pause) interest rate hikes at next meeting. They may need to find out the extent of the issues at regional banks these interest rate rises may have caused.

Along with SVB, the FED took control of ‘Signature Bank’ as well which serves many crypto currency companies.

It a war of attrition that Russia dragging Ukraine and west into. If it stays a numbers war then Russia has the numbers and resources to last longer than Ukraine. Ukraine should have retreated from Bakhmut to save best soldiers. Going head to head in bakhmut is a mistake they’ll regret as Russia suck up their reserves that Ukraine will need in any spring offensive. Americans advised against it as no strategic reason to hold bakhmut . Ukraine can’t win a war of attrition with Russia IMO

HSBC buying SVB UK £1

Strike
Calm down, the way things are looking the US CENTRAL BANK will break something and have to pivot before they would like. SVB won’t be the last to get bitten by these interest rate hikes. :) can’t see them doing anymore than 0.25% at next meeting after this wake up warning.

Latest news is HSBC and JP MORGAN also interested.

Two UK banks got proposals in for SVB UK tonight, hopefully one will have regulatory approval Sunday evening before markets open tomorrow. Might give banks a good lift tomorrow along with FTSE :)

Government and banks need a rescue plan to save SVB UK from collapse by tomorrow morning to ease concerns on this issue. Bank of England will move to insolvency. Cutting this issue fine as usual.

You’re not understanding what’s going on in Bakhmut. The American generals told him to withdraw from Bakhmut and save his experience troops from casualties. Bakhmut has no major significance. The Ukrainians can ill afford losing numbers in a war off attrition where your enemy hold greater numbers and resources. You save experience troops for battles to come as Ukraine loses will be higher if they go on the offensive. Watch the video above and understand technology Wagner group are using and how they flush out Ukrainian positions then target them. Chinese technology I might add. Wars of attrition are a numbers game and those aren’t in Ukraine's favour to waste.