"Mr. wonderful" stated in one of his videos about 6 months ago ( I personally don't like him) that there was a BIG player that was in big trouble and that they will fail soon. It was sometime just before or after FTX collapse, but I don't think he meant FTX, or he wouldn't have lost so much $$$. Who knows with these jackals.
Well now, Luis. Since I am on the patio with my iPad and can’t paste a 10 Year chart for SIVB you will have pull it up for yourself. The chart will reveal when the best time to buy shares occurred. Right about the time when the entire stock market imploded in March 2020 and ushered in the Cathie Wood market. SIVB and SI were no exceptions. That market ended in about Nov 2021 when the inflation rate ramped up and that awful FOMC decided to bump up the discount rate to cool it down.
When I return upstairs I will paste a comparison chart of SIBV and Ferrari (RACE) in which I have a position.
I trust you viewed some documentaries by Niall Ferguson.
Yes definitely was coming but it gives the Central Banks another excuse to be the heroes and print more inflationary money to save the 99%..
I’ve never seen a bank run in Brentwood Los Angeles in over 40 years — this is at first republic bank branch. People standing in rain pic.twitter.com/k31PqqpyO3