Daily Archives: June 6, 2024

Showing articles 1 - 2 (2 total)

09Mar3:33 pmEST

...Until Something Breaks

The Fed can keep trying for a soft landing, and markets can keep rallying, "until something breaks," has been the rallying cry (literally) for bulls for a good while now. But with the SIVB crash today and banks overall leading lower, as well as the small caps in the IWM, the issue is relevant as to whether now something has, in fact, been...

09Mar10:17 amEST

Make an Example Out of Them

SVB Financial Group, below on the monthly chart, is getting walloped by more than 35% this morning after it launched a $1.75 billion share offering to try to salvage its balance sheet. The lender has many startups struggling from venture capital funding.  Even though the broad market is staging a post-jobless claims bounce (it is fading...

 
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