The plunge in Deutsche Bank shares on Friday, and spike in CDS, came with no apparent catalyst, other than vague concerns around ‘contagion’ from Credit Suisse and US regional banks….
The fallout from the recent bank failures will be contained. But this does not mean that the bear market in technology stocks is over, even if equities stage a short-term…
Dodd-Frank regulations introduced post-2007/08 were designed to protect the US financial system from a repeat of the financial crisis. The capital buffers of the ‘fortress’ banks – the GSIBs –…
Larger banks have much stronger capital positions vis-à-vis the global financial crisis. SVB was particularly exposed to the slump in technology/VC and did not hedge Treasury risk exposure. Signature Bank…
Since August last year, the combined announced investment in clean energy manufacturing and semiconductors has totalled $204bn (71k jobs). This amounts to ~6% of non-residential private fixed investment. The multipliers…
The 10-year US breakeven inflation rate jumped to 2.52% on Friday, up from 2.38% at the start of the week, and from a low of 2.12% on January 18th. Inflation expectations…
