Banking Crisis: Europeans banks halted after sharp plunge , bank failure feared
#1

They were all holding same type of "safe assets" as SVB...after Fed hike rate so sharply the market price of these assets fell and they are now suffer heavy losses

Banking crisis expected to spread worldwide.

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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#2

Dow futures already down 430 pts. Quite panic. Tomorrow banks shares wil goes down badly again.
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#3

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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#4

(15-03-2023, 06:49 PM)Gemstar Wrote:  Dow futures already down 430 pts. Quite panic. Tomorrow banks shares wil goes down badly again.

The Fed open window for US banks to bailout of US treasury losses.

European banks are also suffering losses from the same holdings.....how?

What about other banks in the world?

The US treasuries is held by so many banks.
With the market price falling how many banks in the world in trouble?

Suddenly we see 4 Euro banks failing....many more In coming days as losses in those securities is close to 1 Trillion

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#5

.
Using our CPF savings, Singapore SWFs GIC, Temasek and MAS were holding a lot of commercial banks shares across the Globe.

Those Singaporeans between age 35 - 55 yo will suffer when they retired in future.
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#6

(15-03-2023, 06:57 PM)sgbuffett Wrote:  The Fed open window for US banks to bailout of US treasury losses.

European banks are also suffering losses from the same holdings.....how?

What about other banks in the world?

The US treasuries is held by so many banks.
With the market price falling how many banks in the world in trouble?

Suddenly we see 4 Euro banks failing....many more In coming days as losses in those securities is close to 1 Trillion
So many worms will be slowly creeping out in these coming days.
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#7

Now, got to monitor Well Fargo Bank. 
This 1 mth share price drops a lot.


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#8

Dow Futures collapse as investors only start to realise scale of the problem.....it is a global crisis....

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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#9

Very evil, always create lots of troubles for the world and the ppl to suffer
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#10

China must not help USA.


Smile
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#11

Credit Suisse downed 30% at market open.  


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#12

(15-03-2023, 07:05 PM)Niubee Wrote:  China must not help USA.

China should not buy US bonds............... Big Grin
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#13

(15-03-2023, 07:02 PM)sgbuffett Wrote:  Dow Futures collapse as investors only start to realise scale of the problem.....it is a global crisis....

you are genius !
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#14

(15-03-2023, 09:59 PM)forum456 Wrote:  you are genius !

Plp finally come out again. Rotfl
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#15

Bail in will start soon
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