shares of mufg, mizuho and smfg were all down around 8% in trading. the nikkei exchange was down over 2% overall. here in europe, we ve seen credit suisse drop another 5% in early trading. on monday, major us banks lost around $90 billion in stock market value, bringing their loss since svb s collapse to nearly $190 billion. many are now speculating the federal reserve will pause its plans to keep raising interest rates, designed to tame inflation. we re nowjoined by greg swenson, who is an international investment banker and founding partner at brigg macadam. good to have you with us. let s pick up good to have you with us. let s pick up on that thought about rate because that progressive increase increase in interest rates has been one of the things cost for the collapse in svb. will the federal reserve be looking at this closely? i think the key word is maybe. goldman sachs came out yesterday suggesting that they would pause and not raise rates at the next meeting, but tha