Credit Bubble Bulletin

- Chronicling History's Greatest Financial Bubble

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Thursday, May 11, 2023

Thursday Evening Links

[Reuters] Dow, S&P 500 fall with Disney; PacWest leads regional banks lower

[Yahoo Finance] PacWest stock plunges 23% after losing 9.5% of deposits last week

[Yahoo/Bloomberg] Traders Embrace Bonds as Recession Angst Builds: Markets Wrap

[AP] Debt limit fight: Biden meeting with Congress leaders put off until next week as staff talks proceed

[Yahoo Finance] Another downgrade of America’s credit rating might be coming

[Reuters] Big U.S. banks to pay billions to replenish failure fund

[Yahoo/Bloomberg] Ramaphosa Says South Africa Probing US Allegation That it Supplied Arms to Russia

[WSJ] Bond Selloff Adds to the Pressure on Regional Banks

[FT] Tett: The deflating credit bubble could hurt more than just the banks

[FT] FDIC to hit biggest US banks with $16bn bill for SVB clean-up

[FT] US fiscal alarm bells are drowning out a deeper problem

[FT] US urges ‘co-ordinated action’ by G7 against China’s use of economic coercion

at 5/11/2023 02:22:00 PM
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