Things could get wild … Again

  The Federal Home Loans Banks sold 90B in bonds and treasuries to raise liquidity for commercial banks.  Banks flooded the Federal Home Loan Bank System with requests for up to $90 billion in billions in low-cost funding to shore …

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Credit Suisse 5Y CDS exploded higher to 766bps, pricing in a probability of default of 47%, stock plunges 30%. The Saudis have said they won’t invest. Credit Suisse failure would be 5x SVB

CS is about to not be fine Credit Suisse’s top shareholder rules out providing more financial assistance to the struggling Swiss bank, citing regulatory issues https://t.co/sqjJiRF6mF — Bloomberg (@business) March 15, 2023 Its’ Over For The Swiss Giant! You can’t …

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Self-Censorship in America

by Chris Black Fear of being “canceled” increases with education level, but only for Right-Wingers. The Democrat increase from high school to post-grad is a minuscule 2%, while Republican post-grads are 35% more likely to fear “cancelation” than Democrat post-grads. …

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Shock Status: Imagined

by Chris Black Just a coincidence I’m sure… According to a report by the Times of Israel, the country’s two largest banks were able to transfer $1 billion out of Silicon Valley Bank to accounts in Israel before it was …

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Is It 2008 All Over Again?

By Graham Summers, MBA A major bank just went under… contagion is dragging down other similar firms… the Fed is introducing emergency measures to bailout the system. Is it 2008 all over again? Yes and no. “Yes” in the sense …

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Cough medicines containing specific ingredient withdrawn over allergy concerns

Cough medicines containing specific ingredient withdrawn over allergy concerns https://www.independent.co.uk/news/health/cough-medicine-boots-pharmacy-health-pholcodine-b2300511.html Health experts have warned that medicines containing pholcodine, which can be sold behind the counter without a prescription at pharmacies, could cause people to experience an allergic reaction in rare …

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