Thursday, May 4, 2023

Cracks in US banks : PacWest and Western Alliance

 morning ... 8 am ... woke up late (sigh) and sent my pretty girl to school for her party-day. She is in PINK ... and kinda happy. Making daddy in love again ... haha. 

As I m no longer in Facebook ... perhaps for few weeks, but if I m comfortable with that, I would rather hide inside this 'new' blog with only less than 10 views per day. haha ... seriously? Only 7 views. haha.

Collapses : SVB, Signature, First Republic. Will like to show the charts and how these being bailed out ...so far. More to come ... 

Today we shall check on some regional banks in US ...those going to bite the dust?



PacWest BanCorp : Collapsing LAST WEEK ... and this week , it continues to DIVE ... game over?

here for some listening : https://youtu.be/cd19IWCnRxs

by yahoo on both the banks : https://youtu.be/ophXw47YoGU


Western Alliance : another one biting the dust ... this week ... and going under. 

It is important for me to focus in these. Cracks seen due to FED RATE at 5.25% now, a hike of 500 bps in 14 months!! That is crazy ...absurd.

Last year no drink coffee ... this month need to drink 5 cups per day!! ... Body system failing ...

Well ... time to read about 2007-2008 banking crisis. Would it crashes the current high-valuation markets?

We shall blog about these ... daily, ya. 

Time to go to work ... 

TEH

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