(Thread IKs:
skooma512)
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Mr Hootington posted:Lmao at bank stocks eating poo poo because investors are terrified they will not be made whole if a bank implodes. Credit Suisse is a good preview for what that will look like: e: All Time: Today (lol): webcams for christ has issued a correction as of 14:47 on Mar 13, 2023 |
# ¿ Mar 13, 2023 14:45 |
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# ¿ May 21, 2024 08:36 |
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net work error posted:https://twitter.com/Reuters/status/1635192745395634178?t=0F63kJNmPP3QxPQnPDDDvw&s=19 Matt Levine back in 2022:
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# ¿ Mar 13, 2023 14:50 |
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PostNouveau posted:Does a bank's stock price matter at all for depositors? Seems like that was the main concern for widespread financial meltdown. Not to most Credit Suisse depositors at least
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# ¿ Mar 13, 2023 14:54 |
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big FX swings too DXY down 0.7% and the Swiss Franc nearing an 18-month high
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# ¿ Mar 13, 2023 14:58 |
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lol
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# ¿ Mar 13, 2023 14:58 |
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https://twitter.com/business/status/1635280449609273344
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# ¿ Mar 13, 2023 15:04 |
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Bloomberg with a very good visualization
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# ¿ Mar 13, 2023 15:12 |
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SKULL.GIF posted:We lost 3 banks over the course of a week last week. this is normal, actually
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# ¿ Mar 13, 2023 15:27 |
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this is good for bitcoin
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# ¿ Mar 13, 2023 15:30 |
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still skeptical that share values cratering alone is enough to bring down more banks today. I want to see figures on how much depositors are pulling out- more decisive imo
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# ¿ Mar 13, 2023 15:50 |
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Dick Bove is correct:
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# ¿ Mar 13, 2023 15:56 |
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Thank You Joe https://twitter.com/bbcbreaking/status/1635291796627660801
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# ¿ Mar 13, 2023 16:14 |
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wait what lmao https://twitter.com/firstsquawk/status/1635298380594442241
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# ¿ Mar 13, 2023 16:16 |
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still seething about this e:
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# ¿ Mar 13, 2023 16:41 |
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Edgar Allan Pwned posted:we're emptying our banks? does this include ally afiak more people are dumping bank shares than emptying their accounts
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# ¿ Mar 13, 2023 16:44 |
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I like this take https://twitter.com/BloombergAsia/status/1635305355352653825?s=20 Ven Ram posted:When any entity in the global economy goes under, it’s traditional to blame policy tightening — and it’s no different following the collapse of Silicon Valley Bank.
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# ¿ Mar 13, 2023 16:48 |
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Good Soldier Svejk posted:couldn't it just be that they were mismanaged? yes. "cheap" money for years and years made it so that all kinds of dipshits could leverage themselves to the tits. but would've likely been less prevalent in a scenario where interest rates were higher
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# ¿ Mar 13, 2023 16:50 |
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actionjackson posted:so depositers will be made whole through an "insurance fund?" what is that? the government is levying a "Fee" (don't call this a tax!) on banks to fund their actions. the banks totally reassure us the costs of this "Fee" definitely won't be passed onto customers
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# ¿ Mar 13, 2023 16:54 |
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lmao
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# ¿ Mar 13, 2023 17:22 |
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https://twitter.com/HeerJeet/status/1635299084390092801
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# ¿ Mar 13, 2023 17:27 |
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https://twitter.com/lines_down/status/1635317041862438912
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# ¿ Mar 13, 2023 17:36 |
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SKULL.GIF posted:I'm sure we have nothing to worry about. CS will get even better terms from the SNB than SVB did from the FDIC
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# ¿ Mar 13, 2023 17:40 |
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https://twitter.com/RepThomasMassie/status/1635316221108449280 and some bloomberg updates: quote:
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# ¿ Mar 13, 2023 17:44 |
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yeah gently caress it sure if you're gonna load children up with lunch debt might as well be to the benefit of Kraft Foods
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# ¿ Mar 13, 2023 18:34 |
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Good Citizen posted:https://twitter.com/unusual_whales/status/1626232682882699270?s=46&t=z3uF6wUvSqPNGhOasO9PNQ AI loving rules. really happy for the things OpenAI is doing for our Information Economy
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# ¿ Mar 13, 2023 18:46 |
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Unusual Whales often posts in bad faith like FXHedge, and to a lesser extent Zerohedge
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# ¿ Mar 13, 2023 19:02 |
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Glumwheels posted:They’re all chuds FYI yeah that's like 99% of fintwit, including our dear Walter Bloomberg but he has the good sense to keep a lid on it. his discord server is an absolute cesspool
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# ¿ Mar 13, 2023 19:12 |
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https://twitter.com/financialjuice/status/1635339956100136963 5% inflation is here to stay
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# ¿ Mar 13, 2023 19:19 |
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FlapYoJacks posted:I was going to post more school lunch examples from around the world but it started to make me really sad when I saw that a lot of places in Africa are providing better school lunches than here. oh my how depressing that even AFRICANS have better school lunches than Americans!
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# ¿ Mar 13, 2023 19:42 |
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https://twitter.com/josephpolitano/status/1635349877822750720 https://twitter.com/josephpolitano/status/1635352010638901249
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# ¿ Mar 13, 2023 19:55 |
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lol accountability https://twitter.com/business/status/1635406157178126338 e: gently caress
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# ¿ Mar 13, 2023 23:30 |
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This is how Bloomberg is spinning the CPI print https://twitter.com/economics/status/1635624355567742976
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# ¿ Mar 14, 2023 14:04 |
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Number seems pleased initially
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# ¿ Mar 14, 2023 14:09 |
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good visualization https://twitter.com/robinbrooksiif/status/1635629596140765188
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# ¿ Mar 14, 2023 14:14 |
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https://twitter.com/josephpolitano/status/1635625832432431106
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# ¿ Mar 14, 2023 14:17 |
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Meta folds on NFTs https://twitter.com/web3isgreat/status/1635430939168849923 certainly related: https://twitter.com/firstsquawk/status/1635629318591193090
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# ¿ Mar 14, 2023 14:18 |
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Eric Cantonese posted:I get why you guys are dunking on Twitter economists for admitting that they don't know what's going on, but I at least appreciate them saying they don't know what's going on rather than just stubbornly admitting that their original position was correct. what drives me insane is that both economists and even posters itt (myself definitely included) are generally always talking about inflation on the Fed's terms: they're solely responsible for Price Stability (divined to be 2% inflation), and that the appropriate mechanism for disinflation is raising interest rates, and all of the downstream consequences that implies (aka Volcker Shock). when I'm having conversations about inflation with irl friends, I find myself constantly having to throw out disclaimers about how this arrangement is a political choice, and how reasonably-targeted Taxes can be extremely deflationary in a much more direct way, but of course new taxes are barely more of a realistic hope than Full Communism in the USA any time soon
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# ¿ Mar 14, 2023 16:47 |
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Jay-V posted:was this posted here, made me think good for them I guess. we need more of the right kind of class traitor
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# ¿ Mar 14, 2023 16:59 |
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Americans can't afford new H&M anymore https://twitter.com/bloombergasia/status/1635677593272823809
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# ¿ Mar 14, 2023 17:24 |
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# ¿ May 21, 2024 08:36 |
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SKULL.GIF posted:If anything Twitter was the reason the unprecedented bailout happened. The FDIC has ensured all depositors were made 100% whole since 2008. they remained consistent with the precedent. it's mainly noteworthy because of the size of the SVB bailout really caused everyone to realize the 250k limit is only on paper, and they updated their policy on underwater treasuries
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# ¿ Mar 14, 2023 19:24 |