Friday, March 10, 2023

Friday Evening Links

[Yahoo/Bloomberg] Wall Street Shuns Risk as Bank Jitters Hit Trading: Markets Wrap

[Yahoo/Bloomberg] Bond Yields Plunge Most Since 2008 as Traders Rethink Fed Path

[Yahoo/Bloomberg] Bitcoin Has Worst Week Since FTX Crash as Headwinds Take Toll

[Yahoo/Bloomberg] Yellen Says Bank System Remains Resilient in Wake of SVB Failure

[Reuters] Banking regulators shutter SVB, collapse unnerves investors

[Reuters] Explainer: What caused Silicon Valley Bank's failure?

[CNBC] Here’s how the second-biggest bank collapse in U.S. history happened in just 48 hours

[Reuters] SVB collapse a sign of pain coming from end of easy-cash era

[Yahoo/Bloomberg] SVB Meltdown Brings Another Blow to Cash-Starved Biotech Industry

[Reuters] Reactions to Silicon Valley Bank meltdown

[Yahoo/Bloomberg] Fed Rate Cuts in 2023 Priced Back In as Bank Worries Escalate

[Yahoo/Bloomberg] US Budget Deficit Hits $723 Billion Five Months Into Fiscal Year

[CNBC] Luxury home sales plunge 45%, with Miami and the Hamptons hit hardest

[WSJ] Silicon Valley Bank Crisis Unsettles Bank Investors

[FT] California bank failure shakes global financial stocks

[FT] Silicon Valley Bank shutdown leaves start-ups anxious about their funds

Friday Afternoon Links

[Yahoo/Bloomberg] Volatility Grips Wall Street After SVB Meltdown: Markets Wrap 

[Reuters] SVB meltdown triggers gyrations in global bank shares

[Reuters] Banking regulators close SVB, move quickly to avert crisis

[Yahoo/Bloomberg] Fed Rate Cut by Year-End Back in Favor as Banks Are Roiled

[Bloomberg] Silicon Valley Bank Collapses in Biggest Failure Since 2008

Friday's News Links

[CNBC] Dow falls for a fourth day as Silicon Valley Bank woes hit banking shares: Live updates

[Reuters] Global shares hit by jittery banks ahead of U.S. payrolls

[Reuters] Europe's banks sucked into global rout as high rates reality hits home

[Reuters] SVB Financial shares slide again on concerns over balance sheet

[Reuters] SVB in talks to sell itself, as crisis triggers global banking rout

[CNBC] Payrolls rose 311,000 in February, more than expected, as jobs growth stays hot

[Reuters] Silicon Valley Bank scrambles to reassure clients after 60% stock wipe-out

[Yahoo/Bloomberg] SVB Races to Prevent Bank Run as Funds Advise Pulling Cash

[Yahoo Finance] Why Silicon Valley Bank's crisis is rattling America's biggest banks

[Reuters] Exclusive: Wall Street examines risks around short-dated options as warnings rise-sources

[Yahoo/Bloomberg] Devastating Pacific Storm Threatens Flooding for California

[Yahoo/Bloomberg] Kuroda Sticks With BOJ Easing, Hits Yen Again at Last Meeting

[Reuters] BOJ keeps ultra-low rates at Kuroda's final policy meeting

[Yahoo/Bloomberg] Ukraine Latest: Zelenskiy Urges Swift Repairs After Attacks

[Reuters] China's Xi secures precedent-breaking third term as president

[Yahoo/Bloomberg] US-China Downward Spiral Raises Fresh Fears of Eventual Conflict

[Reuters] North Korean leader Kim calls for intensified drills in case of 'real war'

[CNN] Saudi Arabia and Iran agree to resume ties, reopen embassies, Iranian state media reports

[Bloomberg] Why Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right Now

[Bloomberg] One Bank Folds, Another Wobbles and Wall Street Asks If It’s a Crisis

[WSJ] Banks Lose Billions in Value After Tech Lender SVB Stumbles

[WSJ] Fear Over Social Security’s Future Leads Some to Claim Retirement Benefits Early

[WSJ] China and Taiwan Relations Explained: What’s Behind the Divide

[WSJ] Adani Group Stocks’ Recovery Is on Shaky Ground

[FT] Haruhiko Kuroda sticks to his guns in last Bank of Japan meeting after ‘bazooka’ decade

[FT] Is this time different for Japanese government bonds?

[FT] Investors nervously watch for impact of ECB shrinking its bond holdings