Stay updated with breaking news from Block rock. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
bank failures, silicon valley bank and signature bank. christine romans, what is happening with credit suisse is different, but it s also spooking thing market. it is. so this is european banking fears that are now spreading back into an already fragile and vulnerable u.s. system. credit suisse down 20% to a record low. several european bank shares are halted in european trading. so that s just feeding into the worry about rising free agents and fragilely in the world. dow futures down 1.5%. if this holds this would take away the rally in yesterday. nasdaq, s&p futures also lower here. the regional banks that bounced back in the u.s. yesterday a sign of stability, a sign of relief, a mixed performance. first republic shares in premarket trading up a little bit. some of the other banks are down and again what folks are really zeroing in here is what are the exposure to these banks, these long-term treasuries, long-term securities that are going to be hard to sell in th ....
A Cold Case Heats Up in Aussie Neo-Western Limbo - Cowboys and Indians Magazine cowboysindians.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cowboysindians.com Daily Mail and Mail on Sunday newspapers.
Exposure to these banks, these long-term treasuries, long-term securities that are going to be hard to sell in the near term and do they have customers with deposits who are going to be try to walk away. i wanted to also bring up we have been talking offline, poppy and i, about the ceo of block rock who has his annual letter to shareholders out this morning. he talked about this era of easy money that s over and the consequences, the domino s that might be falling. he said we don t know whether the consequences will cascade throughout the u.s. regional banking sector akin to the s and l crisis. after that regulatory or the federal reserve and the treasury taking extreme measures to shore up depositors and let a couple of banks fail there are concerns about what other weaknesses in the overall strong banking system but there might be pockets of weakness, we are looking at futures now. ....