One Bank Folds, Another Wobbles and Wall Street Asks If It’s a Crisis – ‘Silicon Valley Bank Is Just The Tip of the Iceberg’… UPDATE: Silicon Valley Bank Has Failed, FDIC Takes Over!

Update: BREAKING: Silicon Valley Bank is shut down by regulators, FDIC to protect insured deposits https://t.co/fW1tTq3EKD — CNBC Now (@CNBCnow) March 10, 2023 via Bloomberg: Silvergate Capital Corp.’s abrupt shutdown and SVB Financial Group’s hasty fundraising have sent US bank stocks …

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Trump Folds on Trade War With China

by Tom Luongo Over the weekend, fifteen minutes before U.S. equity futures markets opened, President Trump extended the trade talks between the U.S. and China. No one should be shocked by this. Because China isn’t the main problem.  We are.  Why?  …

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