13-03-2023, 08:32 AM
![](https://i.imgur.com/CLvY2jA.png")
Dow futures jump 326 points as regulators announce backstop of SVB depositors
13-03-2023, 08:46 AM
Frankly, this sounds like a bailout to me as US is assuring all that even if their deposits exceed US250K, they will still be able to withdraw all their money.
And interestingly, Yellen says 'no bailout' in the article below while the article details how US is assuring all depositors of their money. Maybe 'bailout' has a very narrow definition. Could be because 'lending' is different from 'giving' as US is lending money freely to all banks in need from now on.
https://finance.yahoo.com/news/yellen-sa...52188.html
And interestingly, Yellen says 'no bailout' in the article below while the article details how US is assuring all depositors of their money. Maybe 'bailout' has a very narrow definition. Could be because 'lending' is different from 'giving' as US is lending money freely to all banks in need from now on.
https://finance.yahoo.com/news/yellen-sa...52188.html
13-03-2023, 10:09 AM
No bailout for bank entity but assurance for depositors..
13-03-2023, 10:39 AM
Sell on strength…. 
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