Podcasts about silvergate capital

Omvallende banken, gierende inflatie en stijgende rentes. 2023 had alles in zich om een dramatisch beursjaar te worden. Maar tot ieders verbazing eindigt het jaar voor bijna iedereen goed. Blijft dat optimisme hangen of wordt het bruut de kop ingedrukt volgend jaar? Onze gast denkt dat laatste en voorspelt een bar beursjaar in 2024. Natuurlijk staan we in deze aflevering ook stil bij andere belangrijkste beursmomenten van 2023. Welke rol speelde kunstmatige intelligentie? Waarom wilde bijna niemand z'n bedrijf naar de beurs brengen? En hoe kan het dat die beloofde recessie maar niet komt (of zo mild is)? See omnystudio.com/listener for privacy information.

Omvallende banken, gierende inflatie en stijgende rentes. 2023 had alles in zich om een dramatisch beursjaar te worden. Maar tot ieders verbazing eindigt het jaar voor bijna iedereen goed. Blijft dat optimisme hangen of wordt het bruut de kop ingedrukt volgend jaar? Onze gast denkt dat laatste en voorspelt een bar beursjaar in 2024. Natuurlijk staan we in deze aflevering ook stil bij andere belangrijkste beursmomenten van 2023. Welke rol speelde kunstmatige intelligentie? Waarom wilde bijna niemand z'n bedrijf naar de beurs brengen? En hoe kan het dat die beloofde recessie maar niet komt (of zo mild is)? See omnystudio.com/listener for privacy information.

Over the past year, the national bank regulators' oversight of Silicon Valley Bank, Signature Bank, Silvergate Capital and other banks that failed has been criticized. Reports of a toxic workplace at the FDIC have come to light. And the OCC hired a Deputy Comptroller and overseer of fintech who had easily discoverable falsehoods on his resume. Michele Alt, cofounder and managing director at Klaros Group, explains what this might mean for banks in the coming year.

The banking crisis that began in March continues to rapidly evolve. What started with the collapse of Silvergate Capital and Silicon Valley Bank went on to claim Signature Bank and push a vulnerable Credit Suisse into the arms of UBS. This week, another midsize California lender that couldn't find its footing also dropped, as First Republic was acquired by JPMorgan. In the first episode of this season, we catch you up on the turmoil in the financial sector and how it's straining US small businesses that rely on these banks for capital. Bloomberg reporter Mike Sasso takes us to Florida, where a couple that's trying to create a space for people to eat and drink while playing the fast-growing sport of pickleball is struggling to get an affordable loan. The topic dominated discussions at this week's Milken Institute conference in Los Angeles. Host Stephanie Flanders sat down with Milken Institute Chief Economist William Lee, who warns that cutting off small businesses from borrowing would hit the labor market almost directly. However, he says that's exactly what the Federal Reserve wants, as illustrated by a cycle of rate hikes that, after Wednesday's latest increase, may finally be at an end.  And finally, Flanders speaks with Kristalina Georgieva, managing director of the International Monetary Fund, who said the banking crisis highlights the complacency of regulators when it comes to financial risk. See omnystudio.com/listener for privacy information.

This week, on the Global Research News Hour, as yet another banking institution is in trouble, we reassess the dangers of further troubles spreading across the nation and ascertain the dilemma facing both the giant banks as well as the humble households of America. In our first half hour, Geo political analyst Peter Koenig speaks of his vision of these bank failures actually being coordinated to help move forward plans to digitize all currency well before the end of the decade. Then in our second half hour, we will hear from Economic thinker and journalist Dr Jack Rasmus about the fundamentals of what happened to Silvergate Capital and Silicon Valley Bank last month, and what may be in store for more banks as the qualifiers continue to go unaddressed.

Kia ora,Welcome to Monday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news a coming car crash may be a literal one.First up today in China, their March car sales were strong. But they may have been at the expense of future sales because car makers are offering deep discounts to buyers. The fierce price cutting is endemic, and profits will be few. Some key suppliers are now reporting that orders have just suddenly dried up. The industry body is calling for an end to discounts, but with planned production expansion, that seems unlikely. It is a manufacturing sector that might wobble soon. After all, sales are now running -15% lower than their 2017 peak.But we now have the private Caixin services PMI for China and that has confirmed the earlier reported strong rise in the official services PMI - showing a robust expansion there. It's the fastest pace of expansion in activity since November 2020, and comes with strong new services order intakes following the end of their pandemic restrictions. New orders rose at the fastest pace in 28 months, with new export business expanding at the quickest rate since the series began in September 2014. The contrast with the US is worth noting, but to be fair the US expansion has been going on for very much longer and without the volatility.In the US, there were no surprises from the March non-farm payrolls report on the giant US labour market. The headline seasonally adjusted rise was +236,000 and very similar to the +240,000 expected. But in fact, the actual (not seasonally adjusted) payrolls rose +520,000 to an employed labour force of 154.7 mln and a remarkable +4.1 more people employed that in March 2022. This data is from employer payroll records. And it we look at the household survey, one that includes self employment, +605,000 more people were in work in March than February and the total employed workforce grew to 166.8 mln (again actual, not seasonally adjusted). None of this suggests the US labour force is wobbling yet.That is not to suggest there aren't stresses; there are, especially in the tech sector. US-based employers announced 270,000 job cuts in the March quarter, the highest first quarter total since 2020. 90,000 of these were in March alone.US initial jobless claims are hard to read this week. The number of Americans filing for unemployment benefits fell to 207,000 in the week ending April 1st from the prior week. However the previous week's data was revised up in their seasonally adjusted series and that got all the headlines. There are now 1.845 mln people on these benefits, a small decline, but not as low as the 1.7 mln expected.Maybe because employment is strong, one area that is doing much better is car sales. New vehicle sales volume is expected to have a +5.7% year-over-year rise for Q1 2023.  March is expected to see an +8.6% year-over-year sales volume rise. This performance has put 2023 on track to hit a 15 mln annual rate, a steep uptick from last year's 14.1 million. Units sold in March hit 1.366 million. But at these levels the US vehicle market is a lot smaller than the Chinese market. And Americans don't seem to be taking out car loans any faster, despite the uptick in sales locally.The next big piece if US data is due on Thursday this week (NZT) and that is their March CPI. It is widely expected to come in at under a 4% annualised rate in March from February, a slower pace the the prior month's 5% rate. But it is still well above the target the US Fed wants, so the actual result will be keenly watched.American consumer debt levels rose an insignificant +US$15.3 bln in February and this was less than the +US$20 bln expected, but slightly more than the seasonally low January rise. Still, on a per capita basis, Americans have US$14,000 of non-housing debt, which is high when you compare that to New Zealand's NZ$2,560 per capita. The tables are turned on housing debt of course.The US financial stress index has returned to its low pre-SVB levels. Meanwhile, an index measuring global supply chain pressure has not only eased suddenly, it has retreated to its lowest level since 2009.But all bets are off in the giant American commercial property market. Bloomberg has calculated that a wall of US$1.5 tln of commercial property debt is due to roll over in the next 20 months, just when banks have lost their appetite for funding such debt. And you can understand why; Morgan Stanley reckon office and retail property valuations could fall as much as 40% from peak to trough, increasing the risk of defaults. And it is the smaller regional banks that hold much of this debt. They are unlikely to want to keep those exposures, and the big banks are likely to eschew them too.From the US to Japan, real estate investment trusts that focus on office property have taken a hit from fears that financing will be harder to come by. The S&P 1500 Office REITs Sub-Industry Index, which tracks major office property REITs in the US, fell to 53 at one point in late March. It was down more than 20% from the end of 2022 and plumbed its lowest point since 2009. As of Thursday, the index still languished under 60. This is an international trend that is yet to arrive in New Zealand.North of the border, Canada has delivered a better-than-expected March jobs report, essentially driven by much better full-time employment data.Also much better than expected is the closely-watched Ivey factory PMI for Canada, reporting an improvement that we didn't see in the earlier Markit version. The Ivey version rise was based on expanding employment and inventory levels.In India, their central bank kept its policy rate unchanged at 6.5% which was a surprise because a +25 bps rise was expected. India's consumer inflation likely eased in March to 5.8% thanks to softer food price rises, dipping below the RBI's upper tolerance limit, and this may have encouraged them to hold off.In Germany industrial production surged +2% month-on-month in February and beating market forecasts of a meagre +0.1% gain. Production in vehicle manufacturing, which is the largest one in Germany, increased sharply. Industrial output went also up for both capital goods and consumer goods.Australia posted another very large trade surplus in February for both goods and services. The surplus swelled by +AU$2.6 bln to AU$13.9 bln, the third largest surplus on record. A key reason was that imports retreated in the month, a shift which was expected, but the size of the fall was much larger than anticipated. The outsized February surplus takes their annual surplus to more than AU$145 bln, equivalent to +5.9% of their GDP.And their central bank has released its Financial Stability Review. In it they say about 15% of borrowers are forecast to have "negative spare cash flow". About 9% are expected to run out of savings buffers by the middle of the year, even if they slash spending, unless rates fall. Specifically they say (p41) "... there is a group of borrowers who, even if they cut back sharply on non-essential spending, will be at risk of exhausting their savings buffers within six months unless they can make other adjustments to their income or essential spending. ... those on lower incomes and recent first home buyers are over-represented in this group."Global food prices are still falling. The FAO March index posted the twelfth consecutive monthly decline since reaching its peak one year ago and down more than -20%. The decline in March was led by drops in cereal, vegetable oil and dairy price prices, while those of sugar and meat rose.The global economy is set to grow at roughly 3% over the next five years which would be the slowest pace since 1990, the head of the IMF has said. Her heads-up comes as they prepare to release an update to their World Economic Outlook later today.The UST 10yr yield starts today at 3.41%, and up +12 bps from Thursday. The price of gold is at US$2008 and unchanged from Saturday's level. It won't start trading again until Asian markets reopen later today.And oil prices are little-changed at just under US$80.50/bbl in the US. The international Brent price is still just over US$84.50/bbl.The Kiwi dollar is unchanged against the USD and now at 62.5 USc. Against the Aussie we are still at 93.7 AUc. Against the euro we are still at 57.3 euro cents. That means the TWI-5 is at 70.4 and unchanged from Saturday.The bitcoin price is little-changed again today, now at US$27,935 and virtually unchanged from Saturday. Volatility over the past 24 hours has been virtually non-existant at less than +/-0.1%.And we should note that the American subsidiary of Binance, the firm being challenged by US Federal regulators is struggling to find a bank to handle its customers' cash after the failure of Signature Bank last month, the Wall Street Journal reported. Previously, the deposits were sent to either Signature Bank or Silvergate Capital, both seen as crypto-friendly banks. However, after both failed, Binance is struggling to find a bank willing to engage with themPlease note that New Zealand is on holiday today for the long Easter weekend.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston and we'll do this again tomorrow.

Brian Graham, partner and co-founder of advisory and investment firm Klaros Group, breaks down what went wrong with Silvergate Capital, Silicon Valley Bank and Signature Bank and what banks can do to avoid the problems that brought these banks down.

What do you do, when the one place you'd expect your monies to be safe actually isn't? Well, for customers and clients of Silicon Valley Bank, Signature Bank, and Silvergate Capital, their recent failing has brought that age old question back to the light.Silicon Valley Bank (SVB) was actually under Federal review for more than a year with notices that certain practices needed to be modified and actions taken to avoid such a risk. Unfortunately, those requests fell on deaf ears or at least those who weren't quick enough to take action. As a result, one of the worst case scenarios took place and had many in uproar and panic. We're taking a deep dive into these three recent bank failures and exactly what happened.On A Side Note, Be on the lookout for our latest products to hit The Lauren Paige Collection Late March:www.WaterSalts.comwww.BetterBuddahs.com Welcome to Season Five Episode Five of Authentic Filters! If you enjoyed what you watched and/or listened to and want to keep the conversation going, be sure to like, subscribe, and share with your family and friends on Apple Podcast, Youtube or wherever you listen! We want to thank you for taking the journey with us thus far…Let's Get Into It

Okay, so you've seen it all in the news - big banks are in a crisis right now. According to the news, we're all done for! But, is that really the case? David Sidoni dives into research and data to give you the REAL story behind the bank failures and how this could affect the housing market for this year. Also, he throws it into a handy-dandy cheat sheet to help you understand this mess. Here are some topics from today's discussion: Episode Highlights: [02:48] What Went Down The big bank scare actually began before Silicon Valley Bank after a bank, called Silvergate Capital, largely working within the cryptocurrency realm closed and liquidated its assets. From there, the panic spread to Silicon Valley Bank and beyond. Since then, the banks have been bailed out. [07:23] What's All This FDIC Business? The Federal Deposit Insurance Corporation guarantees up to $250,000 to every depositor, so it's important to make sure that the bank you're putting your money into is FDIC-insured in case your bank is in a similar compromising position. [17:52] What This Means for Real Estate Everyone is talking about real estate in these news articles because there were some real big real estate names in the game. But, this won't really hurt the home buyer directly. Instead, it may actually HELP them because it might just slow down the Fed's interest rates a bit. Resources Mentioned Bank Runs and Rescues: A Timeline of This Week's Panics Why Regular People Need to Know About SVB's Sudden Closure Ask a Nerd: How Will SVB's Closure Affect Me? Silicon Valley Bank, Proptech Hub For Real Estate Clients, Collapses Mortgage Rates Nosedive In Fallout From Silicon Valley Bank Failure Signature Becomes 2nd Major Real Estate-focused Bank To Fail How SVB's Collapse Could Impact Housing Market SVB Collapse Set To Completely Upend Housing Market How 3 Recent Bank Failures Could Impact Housing Market Savers Could End Up Being Big Winners After SVB Collapse

Okay, so you've seen it all in the news - big banks are in a crisis right now. According to the news, we're all done for! But, is that really the case? David Sidoni dives into research and data to give you the REAL story behind the bank failures and how this could affect the housing market for this year. Also, he throws it into a handy-dandy cheat sheet to help you understand this mess. Here are some topics from today's discussion: What got us into this mess What FDIC-insured means How this will affect housing The sunny side of things Episode Highlights: [02:48] What Went Down The big bank scare actually began before Silicon Valley Bank after a bank, called Silvergate Capital,  largely working within the cryptocurrency realm closed and liquidated its assets. From there, the panic spread to Silicon Valley Bank and beyond. Since then, the banks have been bailed out. [07:23]  What's All This FDIC Business? The Federal Deposit Insurance Corporation guarantees up to $250,000 to every depositor, so it's important to make sure that the bank you're putting your money into is FDIC-insured in case your bank is in a similar compromising position.  [17:52] What This Means for Real Estate Everyone is talking about real estate in these news articles because there were some real big real estate names in the game. But, this won't really hurt the home buyer directly. Instead, it may actually HELP them because it might just slow down the Fed's interest rates a bit.  Resources Mentioned Bank Runs and Rescues: A Timeline of This Week's Panics Why Regular People Need to Know About SVB's Sudden Closure Ask a Nerd: How Will SVB's Closure Affect Me? Silicon Valley Bank, Proptech Hub For Real Estate Clients, Collapses  Mortgage Rates Nosedive In Fallout From Silicon Valley Bank Failure Signature Becomes 2nd Major Real Estate-focused Bank To Fail How SVB's Collapse Could Impact Housing Market SVB Collapse Set To Completely Upend Housing Market How 3 Recent Bank Failures Could Impact Housing Market Savers Could End Up Being Big Winners After SVB Collapse

Na finančné trhy sa vrátila nervozita. Dôvodom je krach troch menších amerických bánk – Silicon Valley Bank, Signiture Bank a Silvergate Capital. Len pár dní na to problémy ohlásila aj jedna zo systémových európskych bánk, Credit Suisse. Banka doplatila na chyby manažmentu, nákladné súdne spory, kompenzácie a nevydarené investície. Cez víkend ju za pomoci švajčiarskej vlády odkúpil jej najväčší rival UBS. Čo toto všetko znamená? Zopakuje sa finančná kríza z roku 2008 alebo je bankový sektor už v súčasnosti natoľko odolný, že udalosti posledných týždňov nič nezmenia a prípadný hon na banky je celkom zbytočný? Aj o tomto sa Eva Frantová v novej časti Indexu rozpráva s redaktorom magazínu Index a denníka SME Jozefom Tvardzíkom. Rozhovor s analytikom XTB Tomášom Vrankom: https://index.sme.sk/c/23146879/tomas-vranka-xtb-svb-banky-credit-suisse.html Viac o problémoch Credit Suisse: https://index.sme.sk/c/23147194/credit-suisse-banka-problemy-svb.html – Podporte podcasty denníka SME kúpou prémiového predplatného a užívajte si podcasty bez reklamy na webe SME.sk alebo v mobilnej aplikácii SME.sk. Prémiové predplatné si kúpite na ⁠predplatne.sme.sk/podcast⁠ _ Ak máte pre nás spätnú väzbu, odkaz alebo nápad, napíšte nám na ⁠podcastindex@sme.sk⁠ – Všetky podcasty denníka SME nájdete na ⁠sme.sk/podcasty⁠ – Odoberajte aj denný newsletter ⁠SME.⁠⁠sk⁠ s najdôležitejšími správami na ⁠sme.sk/⁠⁠suhrnsme⁠ – Ďakujeme, že počúvate podcast Index.

The price of bitcoin has topped $28,000 for the first time in nine months after the banking crisis sparked a market rally. That's as investors view the currency as an alternative to the banking system and as somewhat of a 'safe haven'. Despite this, crypto firms are now scrambling to find institutions to bank with after the collapse of both digital-friendly institutions Signature Bank and Silvergate Capital. And it looks as if they are now turning to crypto banks based in Switzerland, which has been trying to market itself as a nascent crypto hub with stricter regulation in recent years. Gold prices are also up, and according to analysts they could notch an all-time high after the US Federal Reserve's interest rate decision on Wednesday. #Bitcoin #CryptoCurrency #BankingCrisis

Silvergate Capital, Silicon Valley Bank (SVB), Signature Bank und Credit Suisse standen in den vergangenen Tagen für die Angst vor einer neuen Finanzkrise wie in den Jahren 2008 und 2009. Wie berechtigt sind diese Ängste? Web: https://www.epochtimes.de Probeabo der Epoch Times Wochenzeitung: https://bit.ly/EpochProbeabo Twitter: https://twitter.com/EpochTimesDE YouTube: https://www.youtube.com/channel/UC81ACRSbWNgmnVSK6M1p_Ug Telegram: https://t.me/epochtimesde Gettr: https://gettr.com/user/epochtimesde Facebook: https://www.facebook.com/EpochTimesWelt/ Unseren Podcast finden Sie unter anderem auch hier: iTunes: https://podcasts.apple.com/at/podcast/etdpodcast/id1496589910 Spotify: https://open.spotify.com/show/277zmVduHgYooQyFIxPH97 Unterstützen Sie unabhängigen Journalismus: Per Paypal: http://bit.ly/SpendenEpochTimesDeutsch Per Banküberweisung (Epoch Times Europe GmbH, IBAN: DE 2110 0700 2405 2550 5400, BIC/SWIFT: DEUTDEDBBER, Verwendungszweck: Spenden) Vielen Dank! (c) 2023 Epoch Times

Moody's analysts discuss recent developments in the US and European banking systems, the implications for monetary policy and potential spillovers to emerging markets across the globe. Speakers: Donald Robertson, AMD – Financial Institutions, Moody's Investors Service; Nick Hill, MD – Financial Institutions, Moody's Investors Service; Eugene Tarzimanov, VP – Senior Credit Officer, Moody's Investors Service; Scott Phillips, AMD – Global Emerging Markets, Moody's Investors Service Hosts: Shirin Mohammadi, VP – Senior Research Writer, Moody's Investors Service; Danielle Reed, VP – Senior Research Writer, Moody's Investors Service For related research, visit the Global Banking System Outlook topic page. As financial pressures mount in a time of higher rates and slowing growth, Moody's will continue to share our analysis of evolving trends and repercussions for banks around the world.

Moody's analysts discuss recent developments in the US and European banking systems, the implications for monetary policy and potential spillovers to emerging markets across the globe. Speakers: Donald Robertson, AMD – Financial Institutions, Moody's Investors Service; Nick Hill, MD – Financial Institutions, Moody's Investors Service; Eugene Tarzimanov, VP – Senior Credit Officer, Moody's Investors Service; Scott Phillips, AMD – Global Emerging Markets, Moody's Investors Service Hosts: Shirin Mohammadi, VP – Senior Research Writer, Moody's Investors Service; Danielle Reed, VP – Senior Research Writer, Moody's Investors Service For related research, visit the Global Banking System Outlook topic page. As financial pressures mount in a time of higher rates and slowing growth, Moody's will continue to share our analysis of evolving trends and repercussions for banks around the world.

Last week, California-based Silicon Valley Bank, the 16th largest bank in the United States, collapsed, sending shock waves through the start-up universe. Then two more banks – the crypto-currency focussed Signature Bank and Silvergate Capital – shut down, sparking fears of wider financial contagion, similar to how the collapse of Lehman Brothers in 2008 triggered a global crisis. The American government and the Federal Reserve acted fast to try and avoid precisely such a scenario by announcing measures aimed at boosting confidence in the banking system. The Biden administration has announced that all the depositors' savings in the Silicon Valley Bank will be protected, including those deposits over and above the sums that are insured. The Federal Reserve, on its part, has unveiled a new lending program called the Bank Term Funding Program (BTFP), which would enable banks to borrow directly from the central bank instead of having to resort to loss-making bond sales, as the Silicon Valley Bank did. So, what caused the collapse of the Silicon Valley Bank? Could it have been prevented? Is this banking collapse something that can be contained, or is it a harbinger of more such failures in the pipeline?

How They'll Use the Banking Crisis to Control YOU. Glenn TV. A few days ago the White House tweeted: “Our economy is moving in the right direction under President Biden's leadership.” Does it feel that way to you? Or does it feel like the administration is moving it in a direction that ENSLAVES people like you and me? Glenn heads to the chalkboard to show the ACTUAL state of our economy and asks: Were the collapses of Silicon Valley Bank, Signature Bank, and Silvergate Capital fluke closures, or were they part of a much larger, systemic problem? And will the Biden admin use the banking crisis to move us closer to nationalization and a central bank digital currency? Forbes magazine editor in chief Steve Forbes tells Glenn that central banks “must NOT have digital currencies.” It will be the ULTIMATE oppression and the end of privacy and freedom as we know it. He also slams the Fed's moves to “create money out of thin air,” warns the audience of other economic problems yet to come, and reveals the REAL way to fight inflation. https://youtu.be/YSVxRlts4qI Glenn Beck 1.05M subscribers 13,519 views Premiered 62 minutes ago #GlennBeck #SVB #SiliconValleyBank ► Click HERE to subscribe to Glenn Beck on YouTube: https://bit.ly/2UVLqhL ► Click HERE to subscribe to BlazeTV: get.blazetv.com/glenn ► Click HERE to subscribe to BlazeTV YouTube:    / @blazetv   ► Click HERE to sign up to Glenn's newsletter: https://www.glennbeck.com/st/Morning_... Connect with Glenn on Social Media: http://twitter.com/glennbeck http://instagram.com/glennbeck http://facebook.com/glennbeck #GlennBeck #SVB #SiliconValleyBank #BankingCrisis #GlennTV #Banking #Banks #Politics #News #BlazeTV

It's been another wild week of financial mayhem connected to crypto. But this time the crisis focused on banks.  It started earlier this month [March], when Silvergate Capital shut down operations. The California-based bank serviced various crypto companies like Coinbase and Gemini. But its most notorious clients included the now-bankrupt crypto exchange FTX and its sister firm Alameda. As these two giants faltered, Silvergate suffered a series of financial difficulties and fell under intense regulatory scrutiny, leading to its eventual shut down.   Then, last Friday, one week ago now,  the tech and startup-focused Silicon Valley Bank collapsed. It was the largest bank failure since 2008, and incited investor panic. By late last Sunday, another domino had fallen: New York State regulators announced they were taking possession of Signature Bank. It was moving to retreat from crypto, but was still known for having some ties to the digital asset industry, at one point even launching a crypto-payments platform. This was the third-largest bank failure in the US to date. Bloomberg reported that regulators took action after they “lost faith in management.” This trio of recent closures is another blow to crypto - leaving the industry nearly cut off from the fiat banking sector. All the while a Bitcoin rally ensued, but has since cooled a bit. So. In the aftermath of one of the biggest weeks in finance so far this year, how has the crypto industry fared? And how does it move forward?  Bloomberg senior executive editor Chris Nagi joins this episode. Listen to Bloomberg Crypto on the iHeartRadio App, Apple Podcasts or  Spotify. Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter See omnystudio.com/listener for privacy information.

The collapse of Silicon Valley Bank last week can be put down to two things – first a management team that clearly ignored the falling value of the assets they held, and second the fact that the Fed was doing its best to make those assets fall even more. The end result is hardly a surprise when you look at the numbers. In fact Frances Coppola predicted as much after the collapse of Silvergate Capital. This week Phil and Steve look at what went wrong and ask whether it could happen to other banks. Hosted on Acast. See acast.com/privacy for more information.

Join Danny, Zakk, and Dave for this weeks ramblings. Topics this week include: Bitcoin Price, Kraken plan to launch their own bank, Silvergate Capital liquidate Silvergate Bank, Silicon Valley Bank shut down by regulators, HSBC acquire Silicon Valley Bank UK, Circle held 3.3B in Silicon Valley Bank, The Praia Bitcoin experiment, Coinbase stop conversion of USDC to USD, Cory Klippsten: Bitcoin at 0.2% penetration, and Saudi Aramco made £161B profit in 2022. Our Merchant of the Month is Herts Hemp (https://www.hertshemp.com/) A video version of this episode is available on our YouTube channel: https://www.youtube.com/@britcoiners This episode is sponsored by CoinCorner (https://www.coincorner.com) - A global leader in Bitcoin and Lightning services.

A MUST LISTEN EMERGENCY RECORDING! Bryce and Pizza decided that we needed to put out an episode specifically recapping what happened over the weekend in the United States Banking System with Silvergate Capital and Silicon Valley Bank both being taken over by regulators and the Federal Government coming in to backstop deposits. Meanwhile, Bitcoin rallied over the weekend above 20K and then had a face ripping rally Monday. Please give us a rating and let us know what you think of the current event episodes!Get your FREE copy of "Crypto Revolution" and start making big profits from buying, selling, and trading cryptocurrency today: https://www.cryptorevolution.com/freeSubscribe to YouTube for Exclusive Content:https://www.youtube.com/@crypto101podcastFollow us on social media for leading-edge crypto updates and trade alerts:https://twitter.com/Crypto101Podhttps://instagram.com/crypto_101*This is NOT financial, tax, or legal advice*Boardwalk Flock LLC. All Rights Reserved 2023. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Fog by DIZARO https://soundcloud.com/dizarofrCreative Commons — Attribution-NoDerivs 3.0 Unported — CC BY-ND 3.0 Free Download / Stream: http://bit.ly/Fog-DIZAROMusic promoted by Audio Library https://youtu.be/lAfbjt_rmE8▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

The last 12 months or so have been a particularly grueling season for crypto. And as we head into the spring months of 2023, we're getting a better sense of what the slump in crypto prices has meant for the companies that shape the fledgling industry.  One of the biggest consequences digital asset firms are now finding is the need to make job cuts. Since the start of 2023, more than 15 crypto companies have posted labor force cuts including big names like Galaxy Digital, Genesis Global, and Chainanalysis. Some - like Silvergate Capital and crypto lender Amber Group - have cut as much as 40% of their workforce.  While that trend is not universal – Circle CEO Jeremy Allaire spoke with Bloomberg a few weeks ago, and said Circle is actually hiring people –what do these cuts say about the general health of crypto?  Bloomberg reporter Hannah Miller joins to discuss the latest in the crypto workforce. Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter See omnystudio.com/listener for privacy information.

Freelance journalist Jacob Silverman joins us to talk about the collapse of Silvergate Capital, the shakedown of crypto, and his forthcoming series on Sam Bankman-Fried and the implosion of FTX's billion-dollar fraud.

Pode estar à porta uma grave crise internacional. Três bancos nos Estados Unidos da América caíram e a maré vermelha na bolsa saiu de terras americanas para o resto do mundo. Ainda assim, o presidente dos Estados Unidos da América descansou os americanos ao dizer que “o sistema bancário está seguro". Aos portugueses, Fernando Medina diz que o sistema bancário europeu não é comparável ao dos EUA, sendo “mais robusto” e com “regras mais apertadas”.See omnystudio.com/listener for privacy information.

Pode estar à porta uma grave crise internacional. Três bancos nos Estados Unidos da América caíram e a maré vermelha na bolsa saiu de terras americanas para o resto do mundo. Ainda assim, o presidente dos Estados Unidos da América descansou os americanos ao dizer que “o sistema bancário está seguro". Aos portugueses, Fernando Medina diz que o sistema bancário europeu não é comparável ao dos EUA, sendo “mais robusto” e com “regras mais apertadas”.See omnystudio.com/listener for privacy information.

Global Policy Watch: Accident Ho GayaInsights on global policy issues relevant to India— RSJI must admit there are times when I have made a big deal about writing this newsletter. Not about the content, mind you. I'm not that vain yet. But the regularity of it all. Getting about 4000 words out between the two of us every week isn't trivial stuff. But then there are weeks I ask myself if it is really a big deal. I mean, there are weeks when there's so much happening in policy, politics and macro spheres that things just write themselves. I have been in what could be called writing self-help groups where people bemoan their writer's blocks and the soul-crushing experience of staring at a blank word document with the cursor blinking. To them, I have two pieces of advice. Switch to writing on public policy. And don't bother much about quality (speaking for me here, not what Pranay produces). Voila! You get something like 50% of this newsletter.Anyway, coming back to this week. Sometime midweek, I thought it might be a good idea to write about the state of opposition in India in the light of Rahul Gandhi's Bharat Jodo Yatra and his media engagements in Oxford. There's always space for the opposition in India despite the brutal electoral majority of the party in power, as we have seen in the past. This was evident during the yatra. What is also evident now is that there's a complete lack of understanding on the part of Rahul Gandhi on issues that can animate the electorate. So, he can only hope for the party in power to hit self-destruct mode to score an electoral victory. What's worse is he has terrible ideas of his own and a tin ear for good advice. His acolytes defend him saying he's sincere. I can only say when you combine sincerity with bad ideas, you get demonetisation and instant lockdowns. Back to the point. As I was thinking of writing about this, news came in of Manish Sisodia, the deputy CM of Delhi, being taken into custody by ED for what's being called the liquor scam. Liquor policy in various Indian states is a gift that keeps giving. We love talking about it. What I also thought was admirable is the agile way the ED functions these days. Like some start-up in Koramangala. It is always hustling. These were the ideas I was toying with till a bank with a balance sheet size of US$ 200 billion (a tad smaller than HDFC Bank) collapsed in the US. And, so, served on a platter was another possible post on what could go wrong in the global economy. I'm afraid Rahul Gandhi, Sisodia, and liquor will have to wait for another day. I would like to discuss the aptly named Silicon Valley Bank (SVB) that has gone from boom to bust in less than two years.Here's what has happened since Thursday. WSJ reports:“On Wednesday SVB said it had sold a large chunk of its securities, worth $21 billion at the time of sale, at a loss of about $1.8 billion after tax. The bank's aim was to help it reset its interest earnings at today's higher yields, and provide it with the balance-sheet flexibility to meet potential outflows and still fund new lending. It also set out to raise about $2.25 billion in capital.Following that announcement on Wednesday evening, things seemed to get even worse for the bank. The share-sale announcement led the stock to crater in price, making it harder to raise capital and leading the bank to scuttle its share-sale plans, The Wall Street Journal has reported. And venture-capital firms reportedly began advising their portfolio companies to withdraw deposits from SVB.On Thursday, customers tried to withdraw $42 billion of deposits—about a quarter of the bank's total—according to a filing by California regulators. It ran out of cash.”Looks like a good old run on the bank. The regulators had to step in. Again from WSJ:“The Federal Deposit Insurance Corp. said it has taken control of the bank via a new entity it created called the Deposit Insurance National Bank of Santa Clara. All of the bank's deposits have been transferred to the new bank, the regulator said.Insured depositors will have access to their funds by Monday morning, the FDIC said. Depositors with funds exceeding insurance caps will get receivership certificates for their uninsured balances, meaning businesses with big deposits stuck at the bank are unlikely to get their money out soon.”If you've been reading me over the past month, I have made three points. One, it is foolish to assume that the Fed will pause on rate hikes anytime soon. Inflation isn't transitory in the US. And this was made clear this week when the Fed Chair, in his response to the questions from the Senate Committee on Banking, said that interest rate hikes are “likely to be higher than previously anticipated” and that because of it, the labour market is also likely to weaken in the near term. Like I have said before, it is best that markets, banks and companies plan for scenarios where the rate goes up to 7 per cent to stress test their models. This holds for India too. Two, it is inevitable that a sharp rise like what we have seen in the past nine months will mean there will be ‘accidents'. We don't know yet what their nature will be, but they will mostly emanate from private markets and the ‘new' asset groups (like crypto, VC funded business models) where bubbles have built up. Three, whatever accidents happen may not lead to a contagion. They will mostly singe private markets or those holding these new speculative assets. In a way, what has happened with SVB this week bears my thesis out. So, what happened? And what does this mean?During the pandemic, the US treasury pumped trillions of dollars to keep the economy afloat. But because of the pandemic, there was nothing to spend this money on. So, the money found its way into banks as deposits. The total deposits in US banks went up by $ 5.5 trillion, of which only about 15 per cent could be used to lend because of weak demand. So, what could Banks do? Well, like prudent entities, they parked this surplus in securities or kept it as cash. Now, when Banks buy securities, they are asked to take a call upfront on whether they plan to hold them to maturity. This decision then labels the securities as either held-to-maturity (HTM) or available-for-sale (AFS). Simply put, with an HTM security, the bank is declaring that it will hold, say, a US government 10-year bond till they mature (that is for ten years), while if it categorises another bond as AFS, it means it can sell them anytime in between. Now, from a regulatory perspective, this plays out in different ways for a bank. An AFS security gives banks flexibility to sell a security if the world changes around them, while an HTM security allows banks to weather a fall in value because they aren't marked to market (M2M). Therefore, they will remain on their balance sheet at amortised costs regardless. Banks don't have to crystallise their losses on HTM portfolio because the expectation is that on the date of maturity, they will receive the full redemption value. However, if the bank sells anything out of its HTM portfolio, it has to reclassify the entire portfolio as AFS. In 2020, US banks had about 74 per cent of their portfolio in AFS securities. As things opened up after the pandemic and inflation started taking root, interest expectations rose. A small explainer will help the lay reader here. Others can skip ahead. Bond prices are inversely related to interest rates. Suppose you bought a 1-year government bond of Rs. 100 with a coupon rate of 5 per cent. This means at the end of the tenure, the bond will fetch you Rs. 105 regardless of the bond's underlying market price. Assume the prevailing repo rate (benchmark interest rate) was 4 per cent. What this meant was you had an incentive to purchase this coupon that would give a little extra over the prevailing benchmark rate, and at the end of the year, you could redeem the bond and receive Rs.105. Because many people buy and sell government bonds, there is a market for them where they get traded. Now consider a scenario where in the middle of the year, the benchmark rate was increased to 10 per cent by the RBI. What if, for any reason, you want to sell your bond during this time? Nobody will buy your bond for Rs. 100 which is the price you bought it at. Why? Because it will fetch them only Rs. 105 (5 per cent return), while if they bought a fresh 1-year bond priced at Rs.100, they could get Rs. 110 (10 per cent return). But you're desperate for money, so the best you can do is to offer your bond at Rs. 95.50 or so. Because then whoever buys it will get Rs.105 at the end of the year and will make an equivalent 10 per cent return. So, you take a loss of Rs.4.50 (or about 4.5 per cent) by pricing your Rs.100 bond at Rs.95.50. At an aggregate level, this is what happens in the market as the interest rates go up. The price of the bond falls. And conversely, if the rates fall, the bond price goes up. So, a Bank holding securities sits on a mark-to-market loss or profit depending on whether interest rates go up or down. As interest rates rose, the US banks that were sitting pretty with mark-to-market gains on their AFS portfolio started having losses emerge. Now you could keep taking mark-to-market hits every quarter, or you can reclassify the AFS to HTM, take a one-time loss upfront and move on. Because once you make it HTM, remember, you don't have to account them as marked-to-market. And that's what has been happening for most of 2022. Banks reclassified their AFS, and their share fell from 74 per cent in securities portfolio to a little less than 50 per cent. The Case of Silicon Valley BankSilicon Valley Bank (SVB) had an interesting time during the pandemic. It has, over the years, positioned itself as the bank for the valley ecosystem of startups, VCs and angels. The boom in VC funding since 2019 meant its deposit balance tripled to about $200 billion by March 2022. What's more, a large part of it was demand deposits which don't bear interest. As we have learnt now, its cost of deposits or the interest it paid its depositors on average was about 1.2 per cent. What does a bank do if it has so much money flowing in? It has to put the money to work. But SVB's problem was there weren't too many loan takers in its customer base since it catered to the valley ecosystem flush with funds. The real and safe option it had was to put money in securities. That's exactly what it did. Around 12 months back, it had about $100 billion in HTM and another $25 billion in AFS through various securities like the US treasury bonds and mortgage-backed securities. That's when the Fed's action on interest rates started. And it was rapid. This meant the price of those securities, especially the mortgage-backed lot, fell quickly. By September 2022, the unrealised losses on the portfolio had gone up to $16 billion, while the total common equity capital was $11.8 billion. Technically, the bank was insolvent. But these losses on the HTM portfolio don't have to be recorded on the bank's books. What a Bank would do is wait for bonds to redeem, hope for interest rate hikes to pause, keep their depositors with them and see through this tough time. It was doing exactly that except for one more wrinkle. Its deposit portfolio was skewed to the fortunes of the valley. As funding dried up, the valley companies burned through their bank balances. This meant they were constantly withdrawing money. From $200 billion in March 2022, the deposits fell to $165 billion by last month. There was a serious danger of the bank not having liquidity to give depositors their money unless they restructured their balance sheet. EndgameThis is what SVB set out to do last week. They sold $21 billion of AFS at a loss of $1.8 billion to have cash available to them. And to recover this loss, they planned to raise capital by issuing fresh equity. Tough to explain but still doable. As luck would have it, the same day, a crypto bank, Silvergate Capital, announced it was insolvent for pretty much the same reason, except that SVB had real cash deposits. The depositors lost their nerve. Large VCs called for their portfolio companies to take money out of SVB. In the good old days, this would have meant going to branches and asking for your money. It would take time. Today, it is just a few clicks on the mobile app, which is aimed to give you a frictionless experience. That lack of friction meant customers tried to withdraw $42 billion - about a quarter of its total deposits - in a single day. Most of the depositors at SVB had balances of more than $250,000, which is the threshold for deposits to be insured. This meant the demand for withdrawals was real. The bank ran out of cash. The CEO came to assure depositors that they needed to have patience and the bank was liquid. I might have told you before - the moment a bank has to tell its depositors that they are liquid, they won't stay liquid any more. What could the bank have done? Its HTM book could be sold. But selling a single bond there would have meant marking the whole portfolio to market. That would have been a huge loss, and the bank didn't have the capital to absorb that. It could have borrowed funds, but that was coming at closer to 5 per cent, which was expensive. The only real thing it could have done was probably two years back. It could have diversified its depositors base, figured that its asset portfolio was too skewed to interest rate risk and reduced its balance sheet size. There are regulations on the nature of your deposits through what's called Liquidity Coverage Ratio guidelines, but SVB was deemed too small for it. It is a lesson in policy making that what's small or big is related to the broader macro context and cannot be fixed forever. This is what I meant when I said the scenarios that could unfold because of a rapid rise in rates are unknown to us. I mean, look at the percentage of unrealised losses to total equity among US banks. There are some vulnerable banks there. Is someone asking the same question in India? As I mentioned a couple of editions ago, it will be good for India to plan for a scenario where the Fed hikes the rate all the way to 7 per cent. The Fed cannot anticipate the unintended consequences of its battle to tame inflation. At some level, I guess it doesn't care as much. If there are weaker players who get sick on this ride up, so be it. The accidents are waiting to happen. We will be plain lucky if the contagion is contained to private markets because we believe the larger public markets and banks are better regulated. But you never know.   Matsyanyaaya: The Indo-American DanceBig fish eating small fish = Foreign Policy in action— Pranay KotasthaneThere's been a flurry of Indo-American diplomatic activity in recent weeks. The two National Security Advisors (NSA) held the inaugural meeting of the initiative on Critical and Emerging Technology (iCET) on Jan 31. Then there was the mid-February phone call between the Indian Prime Minister and the US President. In early March, the four foreign ministers of the Quad made it a point to turn up at a Raisina Dialogue panel. Most recently, the US Commerce Secretary Gina Raimondo was in Delhi, where she held meetings with the Finance, Education, External Affairs, Defence, Commerce, Electronics & IT ministers, and the NSA. The two commerce ministries also signed an MoU on Semiconductor Supply Chain and Innovation Partnership.These are all significant shifts. Perhaps we can forgive Mr Singh's Holi dance performance, where he appeared as anatopistic as Bharat Bhushan would have felt in a Karan Johar movie. In edition #165, I analysed the India-US relationship using a tri-axis framework: state-to-state relations, state-to-people relations, and people-to-people relations. The people-to-people relationship never had a problem, to begin with, and state-to-state relations have never been better. Yet, surveys suggest that Indians continue to be circumspect of successive American governments.Perhaps for a good reason. One can't deny the US stance in the 1971 war, its continued support to Pakistan despite the latter's anti-Indian projects, and its role in the multilateral export control regimes that held back India's space and nuclear programmes. These three reasons became the foundations on which the edifice of anti-Westernophobia was constructed. Like other ideologies, instances that reaffirmed the ideology got amplified and internalised, while instances that didn't fit into the dominant narrative were discarded. For example, consider an oft-repeated argument: a closer partnership with the US would imply that “India will be dragged into its wars.” The logic is as follows. The US, as a superpower, keeps overextending itself as it's an integral part of its strategic doctrine to tackle the adversary before the threat reaches its shores. This means that partners have no choice but to fight these expensive and sometimes irrelevant wars. If they dare to strike a discordant tone, the US will use its immense power to punish them.The problem with this story is that India's own experience points out otherwise. India did face this question after the US misadventure in Iraq. By then, the relations were on an upswing. The Bush government wanted to hand over the post-war transition to a “coalition of the willing”, and India featured prominently in those plans. The Indian government considered this request at the highest levels and eventually chose not to intervene. Despite this refusal, the India-US relationship didn't face a major bump. The two countries announced an initiative called the Next Steps in Strategic Partnership (NSSP) six months later. By 2005, the two countries had enough confidence to sign the monumental civil nuclear deal. So much for the concern over dragging India into American wars. The civil nuclear deal provides another counter-point. A recent book by veteran journalist Seema Sirohi Friends with Benefits: The India-US Story, meticulously details the events and personalities involved from the American side. What struck me most was the efforts made by the Bush administration to align cognitive maps of domestic and international opponents, that too within a decade after the post-Pokhran economic sanctions had created a new low in the relationship. On the issue of getting the NSG waiver past six opposing countries, Sirohi writes:“The Americans used every weapon in their diplomatic arsenal to persuade countries. At one point Mulford suggested sending a warning to Austria that Washington was ready to tell India to cancel all Austrian Airline flights. The British and the French, who were helping the US, would corner recalcitrant European ministers at every opportunity in different locations—including in opera houses and trains—to argue for the NSG waiver. In the end, all forty-five were persuaded. Many saw India as a responsible nuclear power with the potential to play an important role in world affairs.” Now, none of this was out of benevolence. In fact, to use a construct applicable to human relations in state-to-state relations would be grossly inappropriate. To say that the US is hypocritical, unreliable, or benevolent makes no sense in an arena where national interests are supreme. Anthropomorphism in international relations is as sound as counting goals in a cricket match. Rather, what this instance illustrates is the benefit of a closer India-US relationship. Having the world's number one power on the same side can open doors that strategic autonomy can't. To be sure, there will be costs. But, given that the interests of India and the US have never before converged as they have today, India's mileage out of the relationship would likely be much higher. After all, Taiwan, Japan, South Korea, and even China gained power in no short measure due to the trade, technology, and human flows from the US. This is India's opportunity to amass national power quickly. PolicyWTF: Number Mirages This section looks at egregious public policies. Policies that make you go: WTF, Did that really happen?— Pranay KotasthaneDon't let numbers fool you. This theme has spawned a new genre of books, starting with Darrell Huff's 1954 classic How to Lie with Statistics. And yet, governments continue to insult our intelligence by using the same tropes repeatedly. What's worse is that they often succeed. So in this week's policyWTF section, let's look at some favourite number-chicanery tools used by Indian governments. One: present a current figure as a multiple of its value from almost a decade ago.Consider the news item from this week. “According to the National Statistical Office (NSO), the estimated annual per capita income at current prices for 2022-23 has doubled since the Narendra Modi-led NDA came to power in 2014-15”. Presented this way, the rise in national income sounds really, really impressive. Now pause for a moment. Using the shorthand rule of 72 suggests that a figure increasing at roughly nine per cent annually doubles in eight years. Instead of putting out the 9 per cent annual growth, the government showed you national income as a multiple of its value eight years ago. Two, present numbers at their nominal values in place of inflation-adjusted values. Another common strategy to make small increases seem bigger is to compare numbers at current prices rather than constant prices. The national per capita income story from this week uses this second trick as well. Adjusting for inflation, the incomes have only risen by 35 per cent in the last eight years, which translates to a poor 3.8 per cent annually. Instead of pointing out this abysmally low number, most news analyses went on a tangent to explain how the national per capita number is a mean value and doesn't account for the variance in incomes (duh!). Soon it became a debate over growth versus income inequality. The government went scot-free. Three, use a data point and its converse, both, to claim success. Thanks to RSJ for pointing this one out. Take a recent example. Demand collapsed at the height of the pandemic, and so did imports. That led to India showing a current account surplus for a few quarters, a rare occurrence. The government celebrated this “achievement”, downplaying the worrying cause of the surplus. When the current deficit was back when the pandemic ended, that too was celebrated as an indicator of strong domestic demand and bounce back!Four, spew out decontextualised metrics.Using absolute numbers instead of per capita numbers is an old trick in the government. Most numbers related to the government are big. If I were to tell you that the Corporate Social Responsibility (CSR) Law (aka Mandatory Philanthropy) generated Rs 21,000 crores in a year, you might be impressed. But only if I were to tell you that this is less than half the amount the Union government spends on MGNREGS alone would you ask: are the compliance costs worth the benefits of the CSR law?Five, compare budget estimates of the next financial year with budget estimates of the current financial year.When budget documents are presented in the legislature, governments have revised estimates of the current year with them. An old trick is to compare the allocation of the next year with the older budget estimate in order to paint a better picture. For instance, the press release for the defence budget this year reads, “Defence gets Rs 5.94 lakh crore in Budget 2023-24, a jump of 13% over previous year”. What's left unsaid is that the increase over the revised estimates is a mere 1 per cent, that too in nominal terms. Accounting for inflation, the government will spend much less next year than it spent in the current fiscal year. The headline is perfectly accurate and perfectly misleading, both. This list is nowhere near exhaustive yet. Are there other tricks you recollect? HomeWorkReading and listening recommendations on public policy matters* [Podcast] A Puliyabaazi on India-US relations with Seema Sirohi* [Book] A classic - FA Hayek's The Fatal Conceit* [Podcast] This Ideas of India episode is a treat for anyone interested in urban governance and planning.* [Article] Shekhar Gupta's take on India-US-Russia relations. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit publicpolicy.substack.com

Link zu unserer Discord Community https://discord.gg/TQrnHcnCFQ Unterstütze uns mit einer Mitgliedschaft oder einmalig per PayPal www.promilleprozente.de // https://paypal.me/promilleprozente US-Notenbankchef Jerome Powell hat bei einer Anhörung im Kongress weitere Zinserhöhungen angekündigt und damit die Aktienmärkte auf Talfahrt geschickt. Viel mehr Aufsehen erregte in der zweiten Wochenhälfte allerdings die Insolvenz von zwei US-Banken. Der Kollaps von Silvergate Capital und SVB Financial befeuert die Sorge vor einer neuen Finanzkrise und ist besonders für den Tech- und Krypto-Sektor bedrohlich. Im zweiten Teil dieser Folge schauen wir uns einige wichtige Bestandteile im Depot von Warren Buffett an. Besonders seine Positionierung in japanischen Aktien, in Dividendentiteln und Energieunternehmen lässt aufhorchen. Themen und Zeitmarker Begrüßung und Intro (0:15) Whisky der Woche (2:00) Jerome Powell stellt Zinserhöhungen in Aussicht (5:23) Mike Wilson wird Bulle (12:30) US-Bankensektor crasht (24:40) Was wird nächste Woche wichtig? (41:45) Blick ins Depot von Warren Buffett (46:10) Zock der Woche (58:40) Outro (64:05) Quellen, Links und Infos zu dieser Folge Japan-Aktien von Buffet: https://ohneaktienwirdschwer.podigee.io/500-buffetts-lieblingsaktien-in-japan-abercrombie-fitch-boomt-gefangnis-mit-rendite Kontakt Mail: fanpost@promilleprozente.de Instagram: www.instagram.com/promilleprozente Twitter: https://twitter.com/Promille_Pod Web: www.promilleprozente.de Risikohinweis Die im Podcast geteilten Inhalte stellen keine Anlageberatung dar! Wir informieren in diesem Podcast lediglich über unsere persönlichen Interessen und Investitionsentscheidungen. Wir weisen ausdrücklich darauf hin, dass ein Kauf von Aktien oder anderen Finanzprodukten im schlimmsten Fall zu Verlusten bis hin zum Totalverlust des eingesetzten Vermögens führen kann. Wir übernehmen keine Haftung für entstandene Verluste. --- Send in a voice message: https://podcasters.spotify.com/pod/show/promilleprozente/message

Home prices have finally fallen from a year-ago levels, according to a commonly used indicator of data. Last month, investors received a slate of home price data for December and January from the National Association of Realtors and S&P Dow Jones Indices. The Realtors Association indicated that the median single-family home sold for $363,100 in January, up 0.7% year-over-year, while December data from the S&P CoreLogic Case-Shiller Home Price Indices' reflected a national price increase of 5.8% year-over-year. More frequent data shows the housing market may have reached a turning point in February, with thin price gains turning into declines. Redfin said on Thursday that its measure of the median home sale price fell by 0.6% over a four-week period covering most of February.In this episode of The Higher Standard, Chris and Saied examine this news as well as other articles on the US housing market. Housing price and mortgage application indices have reached their lowest levels since the Great Recession in 2007.Chris and Saied will debunk Dave Ramsey's concept of supply and demand. They also talk about why they believe house prices must fall. Chris will discusses the younger generation's sense of entitlement in the office as well as the concept of communication in the workplace. Billionaire Charlie Munger expressed his opinion on cryptocurrencies by saying, "It's just ridiculous that anyone buys this stuff." They offer their insights on cryptocurrencies and Charlie Munger's interview. They look at CNBC's reports about crypto bank Silvergate Capital, whose shares have plummeted. According to MarketWatch, Silvergate shares have lost over 97% of their value since hitting an all-time high in November 2021.Join Chris and Saied for this fascinating and informative conversation about debt, especially for people in their 30s, and what's best thing to do with your money. Spoiler alert: It just might be to keep it in cash.What You'll Learn in this Show:Why affordability is a powerful factor.Why house prices have fallen more slowly in the Midwest.How CPI is significantly affected by home prices.Shoul you get a salary adjustment if you moved to Utah?Some of the biggest misconceptions for consumers when submitting their financial information to a bank.Millennials' growing debt.And so much more...Resources:The housing market correction, as told by 4 charts | FortuneBillionaire Charlie Munger: Cryptocurrency is 'crazy, stupid gambling,' and 'people who oppose my position are idiots'Here's the real challenge facing Silvergate and other 'crypto banks,' says this short seller - MarketWatchAmericans in Their 30s Are Piling On Debt - WSJ

In this episode Scott Becker shares 10 quick updates on the market: Stocks were hammered yesterday based on challenges facing banks and the banking system. Silvergate Capital, a bank focused on crypto related lending, collapsed. The major indexes are flat as investors assess the fallout from the bank situation and the coming jobs report. Yesterday, […]

Link to slide deck: https://bit.ly/3Li0Ne9   - Markets got big jolt yesterday when Silvergate Capital announced a liquidation of the bank that has suffered from the implosion in cryptocurrencies. The event cascaded into SVB Financial (Silicon Valley Bank) plunging 60% in the main session and another 20% in extended trading as the bank has been forced to sell bonds at great losses. These moves cascaded further into other banking stocks and led equity futures lower in Asian and European trading. JD.com also announced a weaker than expected Q1 revenue outlook saying the Chinese consumer is weaker than estimated and that the extended lockdown has impacted behaviour. In today's podcast we go through the implications of the SVB Financial fallout and what it means for markets moves and especially with the large trading volumes in zero-day-to-expiry (0DTE) options. We also cover the JPY following the BoJ meeting and the moves in CHF on banking risk-off. Finally, we cover Fed Funds pricing, gold and other commodities, and next week's earnings releases which will focus on Volkswagen, BMW, Adobe, and Lennar. A warning shot has been fired yesterday. Be vigilant on risks today and stay safe. Today's pod features Steen Jakobsen, Peter Garnry, and Ole S. Hansen. Read daily in-depth market updates from the Saxo Market Call and Saxo Strategy Team here. Click here to open an account with Saxo   - Intro and outro music by AShamaluevMusic

In this episode Scott Becker shares 10 quick updates on the market: Stocks were hammered yesterday based on challenges facing banks and the banking system. Silvergate Capital, a bank focused on crypto related lending, collapsed. The major indexes are flat as investors assess the fallout from the bank situation and the coming jobs report. Yesterday, […]

Bitcoin fell below $20,000 as fears of rising interest rates and a banking rout spread through the industry. After the fall of Silvergate Capital, another notable, tech-friendly regional bank is under pressure. Ash Bennington and Santiago Velez, co-founder of Block Digital and today's co-host, are here to discuss the market moves. Plus, the New York Attorney General says ether is a security in a lawsuit, U.S. President Joe Biden wants to slap bitcoin miners with a 30% excise tax, and the U.S. Department of Justice is trying to block Binance.US' acquisition of Voyager Digital. Later, Hugo Philion, the CEO and co-founder of Flare Network, will join us to cover the layer-1 blockchain, Flare's recent token airdrop, and new developments. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Episode #575 vom 10.03.2023 Den Podcast als Newsletter kriegen? Komm in die Gruppe! LEG Immobilien leidet. TAG Immobilien, Vonovia und Aroundtown leiden mit. Startups leiden, die Silicon Valley Bank leidet mit. Krypto leidet, Silvergate Capital leidet mit. Was man dagegen tun kann? Die eigene Firma pushen, wie Moskowitz bei Asana. Schmiergeld für die Aktionäre, Schmierstoffe für die Kunden. Fuchs Petrolub (WKN: A3E5D6) schmiert alles und die Dividende läuft flüssig. Uber (WKN: A2PHHG) liefert Taxis, Essen und Pakete. Letzteres vielleicht bald in einer anderen Firma und deshalb empfehlen 40 von 45 Analysten die Aktie zum Kauf. Diesen Podcast vom 10.03.2023, 3:00 Uhr stellt dir die Podstars GmbH (Noah Leidinger) zur Verfügung. Learn more about your ad choices. Visit megaphone.fm/adchoices

In den USA wurden im Februar 311.000 Jobs geschaffen, während die Wall Street im Schnitt mit 225.000 gerechnet hatte. Wie dem auch sei, lagen die Flüsterschätzungen bei 275.000 bis 300.000 Jobs. Die Arbeitslosenrate ist auf 3,6% gestiegen vs. die Wall Street von 3,4% ausging. Die Lohninflation verliert an Dynamik und lag bei 0,2% vs. der angepeilten 0,3 bis 0,4%. Wir sehen einen nur leichten Bounce an der Wall Street. Über 3% hat der S&P 500 bis zum gestrigen Closing diese Woche verloren. Neben dem Rechenschaftsbericht von FED-Chef Jerome Powell, und der Zurückhaltung im Vorfeld der Arbeitsmarktdaten, sorgt vor allem der kräftige Kursrutsch der Banken für Sorge. Auch wenn der Kollaps von Silvergate Capital und der Einbruch von SVB Financial aufgrund der Geschäftsfelder beider Finanzhäuser als Sondersituation zu verstehen ist, werden nun die ersten Folgen der aggressiven Geldpolitik sichtbar. Abonniere den Podcast, um keine Folge zu verpassen! ____ Folge uns, um auf dem Laufenden zu bleiben: • Facebook: http://fal.cn/SQfacebook • Twitter: http://fal.cn/SQtwitter • LinkedIn: http://fal.cn/SQlinkedin • Instagram: http://fal.cn/SQInstagram

Exklusives Angebot für unsere Hörer: Testet Handelsblatt Premium 4 Wochen für 1 € und bleibt zu den Entwicklungen an den Finanz- und Aktienmärkten informiert. Mehr zum Vorteilsangebot der Handelsblatt-Fachmedien erfahrt ihr unter: www.handelsblatt.com/mehraktien * Ein Podcast - featured by Handelsblatt. Helfen Sie uns, unsere Podcasts weiter zu verbessern. Ihre Meinung ist uns wichtig: www.handelsblatt.com/zufriedenheit In den USA wurden im Februar 311.000 Jobs geschaffen, während die Wall Street im Schnitt mit 225.000 gerechnet hatte. Wie dem auch sei, lagen die Flüsterschätzungen bei 275.000 bis 300.000 Jobs. Die Arbeitslosenrate ist auf 3,6% gestiegen vs. die Wall Street von 3,4% ausging. Die Lohninflation verliert an Dynamik und lag bei 0,2% vs. der angepeilten 0,3 bis 0,4%. Wir sehen einen nur leichten Bounce an der Wall Street. Über 3% hat der S&P 500 bis zum gestrigen Closing diese Woche verloren. Neben dem Rechenschaftsbericht von FED-Chef Jerome Powell, und der Zurückhaltung im Vorfeld der Arbeitsmarktdaten, sorgt vor allem der kräftige Kursrutsch der Banken für Sorge. Auch wenn der Kollaps von Silvergate Capital und der Einbruch von SVB Financial aufgrund der Geschäftsfelder beider Finanzhäuser als Sondersituation zu verstehen ist, werden nun die ersten Folgen der aggressiven Geldpolitik sichtbar. Im vergangenen Jahr haben Kunden erstmals seit 1948 Geld von Banken abgezogen, und zwar laut der FDIC-Einlagenversicherung netto $278 Mrd. Das Geld fließt in Geldmarkt-Fonds oder in kurzlaufende T-Bills. Um Kundeneinlagen zu halten, müssen Banken den Kunden höhere Zinsen bieten. Ich selbst habe diese Woche einen Sparbrief von J.P. Morgan erworben, der einen Zins von über 4% zahlt. Banken parken die Einlagen hingegen in langlaufenden Staatsanleihen, die den Banken weniger Zinsen einbringen. Erschwerend kommt hinzu, dass die von Banken gehaltenen langlaufenden Staatsanleihen in den Bilanzen nicht zum Marktwert bewertet werden, sondern zum Wert, den die Anleihen zum Zeitpunkt aus Auslauftermins haben. Wenn Banken diese Anleihen liquidieren müssten, würden hohe Verluste entstehen. Abonniere den Podcast, um keine Folge zu verpassen! __________________________________________________ ► Zur Opening Bell+: https://bit.ly/3tUqoRm * ► https://www.instagram.com/kochwallstreet/ ► https://www.facebook.com/markus.koch.newyork ► https://www.youtube.com/user/kochntv ► https://www.markuskoch.de/ *Werbung

Tényleg az ukránok robbantották fel a vezetékeket? 24.hu     2023-03-10 05:48:07     Külföld Ukrajna Robbantás Egyszerre két olyan cikk is megjelent, amelyek szerint Ukrajna, illetve Ukrajnával szimpatizáló csoportok állhatnak a gázvezetékek felrobbantása mögött. Az ügy szálai messzire vezetnek, főleg, ha kiderül, hogy az ukrán vezetés nem tudott a robbantásról. Persze továbbra is csak egymással versengő elméletekről van szó. A NER nagy nevei is üzleti lehetőséget látnak a hígtrágyában és a pulykanyesedékben Telex     2023-03-10 05:10:12     Gazdaság Energia Hulladék NER Eladó a szarvasi biogázerőmű, amelyben állattenyésztési hulladékokból állítanak elő áramot. Hatalmas versenyfutás alakult ki az évente 18-20 ezer lakos teljes energiaellátására képes üzemért. Egyszerűen: mi az a ChatGPT?  Szabad Európa     2023-03-10 06:00:47     Belföld Mesterséges intelligencia ChatGPT Bár már az elnevezés is csalóka, a mesterséges intelligencia valóban jelentős változásokat eredményezhet a digitalis világban – és nem csak kedvezőeket. A jelenleg legismertebb, mesterséges intelligenciát használó eszköz a ChatGPT.  Ez most az ország legkelendőbb szakmája: már a kezdők is egymilliót keresnek, mégsem találnak rá elég embert vg.hu     2023-03-10 05:58:00     Belföld Nemzetgazdaság Sikeres volt a Programozd a jövőd! projekt, ám nemzetgazdasági jelentőségű volna, hogy a jelenleginél is sokkal többeket tereljenek informatikai pályára. Ha valaki IT-snak tanul, lesz munkája, ez egészen bizonyos – ráadásul kezdőként is havi egymillió forintos fizetéssel. Cseh vezetéssel alakulhat koalíció az Euro 7 ellen autopro     2023-03-10 06:21:00     Gazdaság Csehország Környezetvédelem Magyarország is hivatalos az eseményre, amin az új környezetvédelmi normáról és a belső égésű motorok betiltásáról vitatkozna tizenkét ország minisztere. Próba szerencse alapon ment el a cápákhoz, végül ketten is ráharaptak a főztjére Forbes     2023-03-10 05:51:05     Cégvilág Befektető Cápák között Nehéz piacon, nehezített körülmények között indultak, így hiába nem számoltak befektetővel, a Cápák között találták magukat. Számításuk bejött, két Cápa is beszállt az egészséges receptdobozokat kínáló Hammba. Budapest lepipálta Bécset és Berlint is Növekedés     2023-03-10 05:36:03     Gazdaság Németország Lengyelország Ausztria Berlin Bécs Varsó Eurostat Az Eurostat friss számai szerint a magyar főváros az életszínvonal terén Bécset is megelőzi. Varsó viszont előttünk jár. Nemcsak elértük, hanem meg is haladtuk az uniós árakat Magyar Mezőgazdaság     2023-03-10 04:07:00     Állatvilág Mezőgazdaság Németország Olaszország Szlovákia Lengyelország Európai Unió Olcsó Csehország A vágócsirke élősúlyos termelői ára néhány európai uniós tagország összevetésében Magyarországon volt a legmagasabb februárban. Olcsóbban adták a csirkét a termelők Franciaországban, Csehországban, Szlovákiában, Németországban, Lengyelországban és Olaszországban is. Elkészült az Agrárközgazdasági Intézet legfrissebb jelentése a baromfihús- és tojás Már Moszkvában is pusztíthat az ukránok új rakétája – képek, videó Infostart     2023-03-10 06:00:00     Külföld Ukrajna Moszkva Krím Egy Krím-félszigeti orosz repülőtér elleni támadás rejtélye is megoldódhat a legújabb információk alapján. Összeomlott a kriptobank Fintech     2023-03-10 05:30:00     Modern Gazdaság Részvény A Silvergate Capital, amely a kriptovállalatok egyik fő bankja, szerdán bejelentette, hogy felszámolja működését. Ezen lépés miatt a vállalat részvényei több mint 36%-ot estek a zárás utáni kereskedésben. Folytatja jótékonykodását Alex, a roma pék Sokszínű vidék     2023-03-10 06:15:47     Életmód Kutya Cigányság Összesen 600 darab kovászos cipót készített Alex a kis csapatával, hogy a kocsonyafesztiválon értékesítsék azokat és a bevételből a vakvezető kutyákat támogassák. Hátrányban a Fradi, nyert a Juventus és a Manchester United, döntetlent játszott az Arsenal Eurosport     2023-03-09 23:05:10     Foci FTC Manchester Manchester United Európa Liga Juventus Arsenal A Ferencváros kétgólos hátrányba került az Európa-liga nyolcaddöntőjének első körében a Leverkusen otthonában. Győzött a Juventus és Manchester United is. Mutatjuk a további eredményeket a fordulóból. Kiszabadult a tévesen bebörtönzött futballista Rangadó     2023-03-10 03:59:20     Foci Svédország Ghána A ghánai Joseph Amoakót nemi erőszak miatt csukták le Svédországban – tévesen. Szélviharral tör ránk a hétvégi hidegfront Kiderül     2023-03-10 05:02:38     Időjárás A szombaton átvonuló hidegfront hatására országszerte viharossá fokozódik a szél, a legerősebb széllökések a 90 km/órát is meghaladhatják.

Tényleg az ukránok robbantották fel a vezetékeket? 24.hu     2023-03-10 05:48:07     Külföld Ukrajna Robbantás Egyszerre két olyan cikk is megjelent, amelyek szerint Ukrajna, illetve Ukrajnával szimpatizáló csoportok állhatnak a gázvezetékek felrobbantása mögött. Az ügy szálai messzire vezetnek, főleg, ha kiderül, hogy az ukrán vezetés nem tudott a robbantásról. Persze továbbra is csak egymással versengő elméletekről van szó. A NER nagy nevei is üzleti lehetőséget látnak a hígtrágyában és a pulykanyesedékben Telex     2023-03-10 05:10:12     Gazdaság Energia Hulladék NER Eladó a szarvasi biogázerőmű, amelyben állattenyésztési hulladékokból állítanak elő áramot. Hatalmas versenyfutás alakult ki az évente 18-20 ezer lakos teljes energiaellátására képes üzemért. Egyszerűen: mi az a ChatGPT?  Szabad Európa     2023-03-10 06:00:47     Belföld Mesterséges intelligencia ChatGPT Bár már az elnevezés is csalóka, a mesterséges intelligencia valóban jelentős változásokat eredményezhet a digitalis világban – és nem csak kedvezőeket. A jelenleg legismertebb, mesterséges intelligenciát használó eszköz a ChatGPT.  Ez most az ország legkelendőbb szakmája: már a kezdők is egymilliót keresnek, mégsem találnak rá elég embert vg.hu     2023-03-10 05:58:00     Belföld Nemzetgazdaság Sikeres volt a Programozd a jövőd! projekt, ám nemzetgazdasági jelentőségű volna, hogy a jelenleginél is sokkal többeket tereljenek informatikai pályára. Ha valaki IT-snak tanul, lesz munkája, ez egészen bizonyos – ráadásul kezdőként is havi egymillió forintos fizetéssel. Cseh vezetéssel alakulhat koalíció az Euro 7 ellen autopro     2023-03-10 06:21:00     Gazdaság Csehország Környezetvédelem Magyarország is hivatalos az eseményre, amin az új környezetvédelmi normáról és a belső égésű motorok betiltásáról vitatkozna tizenkét ország minisztere. Próba szerencse alapon ment el a cápákhoz, végül ketten is ráharaptak a főztjére Forbes     2023-03-10 05:51:05     Cégvilág Befektető Cápák között Nehéz piacon, nehezített körülmények között indultak, így hiába nem számoltak befektetővel, a Cápák között találták magukat. Számításuk bejött, két Cápa is beszállt az egészséges receptdobozokat kínáló Hammba. Budapest lepipálta Bécset és Berlint is Növekedés     2023-03-10 05:36:03     Gazdaság Németország Lengyelország Ausztria Berlin Bécs Varsó Eurostat Az Eurostat friss számai szerint a magyar főváros az életszínvonal terén Bécset is megelőzi. Varsó viszont előttünk jár. Nemcsak elértük, hanem meg is haladtuk az uniós árakat Magyar Mezőgazdaság     2023-03-10 04:07:00     Állatvilág Mezőgazdaság Németország Olaszország Szlovákia Lengyelország Európai Unió Olcsó Csehország A vágócsirke élősúlyos termelői ára néhány európai uniós tagország összevetésében Magyarországon volt a legmagasabb februárban. Olcsóbban adták a csirkét a termelők Franciaországban, Csehországban, Szlovákiában, Németországban, Lengyelországban és Olaszországban is. Elkészült az Agrárközgazdasági Intézet legfrissebb jelentése a baromfihús- és tojás Már Moszkvában is pusztíthat az ukránok új rakétája – képek, videó Infostart     2023-03-10 06:00:00     Külföld Ukrajna Moszkva Krím Egy Krím-félszigeti orosz repülőtér elleni támadás rejtélye is megoldódhat a legújabb információk alapján. Összeomlott a kriptobank Fintech     2023-03-10 05:30:00     Modern Gazdaság Részvény A Silvergate Capital, amely a kriptovállalatok egyik fő bankja, szerdán bejelentette, hogy felszámolja működését. Ezen lépés miatt a vállalat részvényei több mint 36%-ot estek a zárás utáni kereskedésben. Folytatja jótékonykodását Alex, a roma pék Sokszínű vidék     2023-03-10 06:15:47     Életmód Kutya Cigányság Összesen 600 darab kovászos cipót készített Alex a kis csapatával, hogy a kocsonyafesztiválon értékesítsék azokat és a bevételből a vakvezető kutyákat támogassák. Hátrányban a Fradi, nyert a Juventus és a Manchester United, döntetlent játszott az Arsenal Eurosport     2023-03-09 23:05:10     Foci FTC Manchester Manchester United Európa Liga Juventus Arsenal A Ferencváros kétgólos hátrányba került az Európa-liga nyolcaddöntőjének első körében a Leverkusen otthonában. Győzött a Juventus és Manchester United is. Mutatjuk a további eredményeket a fordulóból. Kiszabadult a tévesen bebörtönzött futballista Rangadó     2023-03-10 03:59:20     Foci Svédország Ghána A ghánai Joseph Amoakót nemi erőszak miatt csukták le Svédországban – tévesen. Szélviharral tör ránk a hétvégi hidegfront Kiderül     2023-03-10 05:02:38     Időjárás A szombaton átvonuló hidegfront hatására országszerte viharossá fokozódik a szél, a legerősebb széllökések a 90 km/órát is meghaladhatják.

Die Aktien im asiatisch-pazifischen Raum gaben am Freitag nach, da die Anleger den mit Spannung erwarteten US-Arbeitsmarktbericht für Februar abwarten, der die Richtung der bevorstehenden Zinserhöhungen der Federal Reserve weiter bestimmen könnte.Der Leitindex Dow Jones Industrial fiel um 1,7 Prozent auf 32 255 Punkte. Für den marktbreiten S&P 500 ging es um 1,9 Prozent auf 3918 Zähler nach unten. Der technologielastige Nasdaq 100 büßte 1,8 Prozent auf 11 996 Punkte ein.Der Dax kam auf 15 633 Punkte mit einem Plus von 0,01 Prozent. Der MDax gab dagegen um 1,3 Prozent auf 28 441 Punkte nach.Geschäftszhalen kommen von Daimler Truck.In Deutschland werden die Verbraucherpreise gemeldet.In den USA wird der Arbeitsmarktbericht veröffentlicht.Support the show

Silvergate Capital is shutting down, so the crypto winter just got colder. Microsoft says the new Bing has crossed 100 million daily active users. Why TikTok is responsible for the new Spotify redesign. Can police grab your Ring camera footage without your permission, even if you're not the target of an investigation? And looks like Stripe won't be going public this year after all.Sponsors:Thuma.co/techmemeLinks:Silvergate will liquidate bank, wind down operations (The Block)Microsoft details how it could get Call of Duty: Warzone running on Switch (The Verge)Microsoft's AI-Powered Bing Search Engine Surpasses 100 Million Daily Active Users (Gizmodo)Spotify's new design is part TikTok, part Instagram, and part YouTube (The Verge)The privacy loophole in your doorbell (Politico)SCOOP: Stripe Is Raising $6 Billion to Resolve Taxes & Expiring Employee Shares, Delaying Public Listing (Newcomer)See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Cramer on why the markets are green and his take on Silvergate Capital. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market's biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer

US equity futures are indicating a lower open as of 05:00 ET. European equity markets are lower, following a mixed performance in Asia. The Fed continues to get all of the attention, as Powell's message tweak at the House Committee hearing did not meaningfully shift market expectations of a 50 bp rate hike in March. Bonds remain under pressure with the 2/10Y Treasury yield spread the most inverted since 1981. China CPI inflation shrank by more than expected, while PPI deflation deepened.Companies Mentioned: Uber, Apple, Silvergate Capital

Today, Jack talks about the most recent data on the previous months' labor market and the announcement of Silvergate Capital's suspension of operations. Topics discussed: The most recent data on the previous months' labor market The announcement of Silvergate Capital's suspension of operations Links mentioned in this episode: https://invstr.com/labor-market-remains-strong/ https://invstr.com/silvergate-bank-crypto-crashes/ https://invstr.com/march-09-watchlist-5/

The Latest bank updates, specifically surrounding Silvergate Capital and SVB Financial, sparked broad weakness across the banking space today. The Market initially took some comfort from higher-than-expected weekly initial and continuing jobless claims as investors remain tightly focused on labor-market indicators ahead of Friday's nonfarm payrolls report. There were also a lot of headlines about Biden's budget released today, but more noise than news aside from some of the renewed attention it will put on the debt ceiling fight.

Silvergate Capital informó que planea cerrar sus operaciones y liquidar voluntariamente miles de millones de dólares en activos de Silvergate Bank. Gavin Newsom, el gobernador de California no reanudará contratos con Walgreens, Uber podría separar su división de logística carga. $SI $WBA $UBER $CS $SIVB $HLT

The crypto-friendly U.S. bank Silvergate Capital has announced it will enter liquidation after suffering an exodus of clients following the FTX collapse. What does this mean for the crypto industry's access to banking? Ash Bennington is joined by Valkyrie Investments CEO Leah Wald and head of research Josh Olszewicz to discuss. Plus, did JPMorgan just drop Gemini as a client? And the NAV discount on Grayscale's GBTC has narrowed as judges question the SEC's opposition to a spot bitcoin ETF. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Der heutige Tag dürfte ähnlich orientierungslos verlaufen wie der Vortag. Marktteilnehmer warten auf die US-Arbeitsmarktdaten, die am Freitag um 14:30 Uhr MESZ gemeldet werden. Wie Powell im zweiten Teil des gestrigen Rechenschaftsberichts betonte, sind für die Tagung am 22. März 25 oder 50 Basispunkte denkbar. Letztendlich werden die Arbeitsmarktdaten und die Verbraucherpreise am nächsten Dienstag die Höhe des Zinsschritts entscheiden. Vor dem heutigen Opening ziehen die Renditen der 10-jährigen Staatsanleihen leicht an, mit dem US-Dollar unwesentlich schwächer. Es ist weiterhin beeindruckend zu sehen, wie widerstandsfähig die Wall Street ist. Bei den Einzelwerten steht American Express im Fokus, wie auch GE, MongoDB, Etsy und Silvergate Capital. Abonniere den Podcast, um keine Folge zu verpassen! ____ Folge uns, um auf dem Laufenden zu bleiben: • Facebook: http://fal.cn/SQfacebook • Twitter: http://fal.cn/SQtwitter • LinkedIn: http://fal.cn/SQlinkedin • Instagram: http://fal.cn/SQInstagram

► Zur Opening Bell+: https://bit.ly/360kochpc * Ein Podcast - featured by Handelsblatt. Helfen Sie uns, unsere Podcasts weiter zu verbessern. Ihre Meinung ist uns wichtig: www.handelsblatt.com/zufriedenheit Der heutige Tag dürfte ähnlich orientierungslos verlaufen wie der Vortag. Marktteilnehmer warten auf die US-Arbeitsmarktdaten, die am Freitag um 14:30 Uhr MESZ gemeldet werden. Wie Powell im zweiten Teil des gestrigen Rechenschaftsberichts betonte, sind für die Tagung am 22. März 25 oder 50 Basispunkte denkbar. Letztendlich werden die Arbeitsmarktdaten und die Verbraucherpreise am nächsten Dienstag die Höhe des Zinsschritts entscheiden. Vor dem heutigen Opening ziehen die Renditen der 10-jährigen Staatsanleihen leicht an, mit dem US-Dollar unwesentlich schwächer. Es ist weiterhin beeindruckend zu sehen, wie widerstandsfähig die Wall Street ist. Bei den Einzelwerten steht American Express im Fokus, wie auch GE, MongoDB, Etsy und Silvergate Capital. Abonniere den Podcast, um keine Folge zu verpassen! __________________________________________________ ► Zur Opening Bell+: https://bit.ly/360kochpc * ► https://www.instagram.com/kochwallstreet/ ► https://www.facebook.com/markus.koch.newyork ► https://www.youtube.com/user/kochntv ► https://www.markuskoch.de/ *Werbung

US futures are pointing to a slightly higher open but mostly hovering around the flatline as of 04:05 ET. European equities markets have had a weak open, following mostly lower levels in Asia. Hawkish Powell testimony continues to impact markets with 50bp rate hike in March now the market consensus, and analysts are dialing up peak rates forecasts. February payrolls due Friday and CPI due next Tuesday will go a long way in determining whether Fed steps up pace of tightening.Companies Mentioned: WeWork, SoftBank, Silvergate Capital

Bloomberg's Caroline Hyde and Ed Ludlow discuss Silvergate Capital's intent to wind down operations and voluntarily liquidate, the guardrails needed for generative AI, and how Rent the Runway is leaning in to a more cost conscious consumer. See omnystudio.com/listener for privacy information.

FTX affiliate Alameda Research is suing Grayscale and its parent company DCG for access to hundreds of millions of dollars in bitcoin, alleging "exorbitant fees" and no way to redeem the shares - just as Grayscale heads to court itself to argue against the SEC's decision to deny converting GBTC into an ETF. Ash Bennington will be joined by Aron Woolman, portfolio manager at RenGen.io, and Jake Boyle, director of crypto brokerage Caleb & Brown, to discuss. Plus, the latest on Silvergate Capital as the White House says it's "monitoring" the situation and why a judge had stern words for the SEC in the Voyager Digital bankruptcy case. And lots happening in the NFT space, including a report Amazon is launching its marketplace next month, and Yuga Labs reveals the sales of its BTC NFTs. Learn more about your ad choices. Visit podcastchoices.com/adchoices

La baisse des crypto est liée aux problématiques avec la banque Silvergate Capital. L'impact des taux d'intérêt plus élevés sur vos placements. Qu'est-ce que je fais avec mon encaisse? www.traders360.ca *Erreur dans le podcast: une perte de 1 milliard pour Silvergate Capital au dernier trimestre de 2022, et non pas 1 million

Shares of Silvergate Capital fell 10%in early trading on Monday after the bank suspended its crypto payments network and expressed doubts over the viability of its business. The crypto-focused bank said late on Friday that it had made a “risk-based decision” to discontinue the Silvergate Exchange Network effective immediately. — The Daily Morning Note is a round-up of local and global business headlines that you need to know to get ahead of your day. This programme is brought to you by PYTCH Media, a creative studio powered by PhillipCapital — investing made simple and educational. Subscribe and follow PYTCH Media: LinkedIn: https://tinyurl.com/YTLinkedIn Podcast: https://tinyurl.com/YTanchor Twitter: https://tinyurl.com/twitterYT Facebook: https://tinyurl.com/FaceBYT Instagram: https://tinyurl.com/InstaYT Website: https://tinyurl.com/PYTCHWebYT Youtube: https://tinyurl.com/PYTCHYoutube Also available on: Telegram: https://t.me/GlobalInvestmentsPhillip Podcast: https://tinyurl.com/YTanchor PhillipCapital Facebook: https://tinyurl.com/PhillipCaptialFBYT #PhillipCapital #YourPartnerinFinance #Servingyousince1975 #PYTCH #PYTCHMedia #DailyMorningNote #DailyNews #FinanceNews

Silvergate Capital, the U.S. crypto-friendly bank, is shutting down its payments network, used by institutional investors to quickly move capital from and to crypto exchanges. As doubts over Silvergate's continued survival continue to grow, we ask how the industry will cope and could fill the void (apparently Kraken is raising its hand). Plus, the Wall Street Journal casts fresh doubts on Binance.US's independence from its international partner, and questions business practices at companies behind stablecoin Tether. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Na een jaar van lockdowns, protesten en economische malaise zet China in op herstel! Maar wel in een héél traag tempo. De Chinese regering wil de economie dit jaar met zo'n 5 procent laten groeien, het laagste groeidoel sinds de jaren 70. Heb je er nog wat te zoeken of kan de belegger het land beter links laten liggen?  Verder: weer een klap voor probleembank Credit Suisse. Een grote aandeelhouder die meer dan 20 jaar aan boord was, stapt uit. En je hoort of Tesla er goed aan doet om opnieuw de prijzen te verlagen.   Tot slot krijg je een vooruitblik op de beursdag van morgen.  See omnystudio.com/listener for privacy information.

Na een jaar van lockdowns, protesten en economische malaise zet China in op herstel! Maar wel in een héél traag tempo. De Chinese regering wil de economie dit jaar met zo'n 5 procent laten groeien, het laagste groeidoel sinds de jaren 70. Heb je er nog wat te zoeken of kan de belegger het land beter links laten liggen?  Verder: weer een klap voor probleembank Credit Suisse. Een grote aandeelhouder die meer dan 20 jaar aan boord was, stapt uit. En je hoort of Tesla er goed aan doet om opnieuw de prijzen te verlagen.   Tot slot krijg je een vooruitblik op de beursdag van morgen.  See omnystudio.com/listener for privacy information.

Silvergate Capital, one of few U.S. crypto-friendly banks, is buckling under pressure of dwindling capital, potential litigation and spooked clients. Is this an example of a coordinated effort by the Biden administration to cut crypto off from U.S. funds? Nic Carter, partner at Castle Island Ventures and the man who coined Operation Choke Point 2.0, joins Ash Bennington to discuss. On the news front, they'll examine the new concerns swirling around Binance, mixed news for the Ethereum community when it comes to upgrades, and some important but unequivocally bad news for FTX users. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The most valuable crypto stories for Thursday, March 2, 2023. Three U.S. senators have written to Binance, the world's largest crypto exchange by trading volume, asking for details about its money-laundering controls and accusing Binance of being a "hotbed of illegal financial activity," according to a Wall Street Journal report. Plus, a closer look at why shares of crypto-friendly lender Silvergate Capital are plunging.See also:Before Silvergate and After SilvergateBinance a 'Hotbed of Illegal Financial Activity,' U.S. Senators Claim-This episode has been edited by Ryan Huntington. The senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”-Are you building the next big thing in Web3? Apply to pitch your project live on stage at the CoinDesk Pitchfest Powered by Google Cloud at Consensus, the industry's most influential event happening April 26-28 in Austin, Texas. Apply by March 31 for a chance to be among the twelve finalists selected to pitch. Visit consensus.coindesk.com/pitchfest for more information.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The chair of the U.S. Securities and Exchange Commission, Gary Gensler, said in a recent interview that he thinks pretty much every crypto asset other than spot bitcoin is a security. If that thinking prevails, what consequences would it have for the industry? Ash Bennington is joined by Aaron Kaplan, a securities lawyer and the co-founder and co-CEO of the SEC-registered crypto trading platform Prometheum, to answer that question. Plus, Silvergate Capital's woes grow larger, the EU is worried about metaverse competition, Japanese banks experiment with stablecoins, Australia starts a CBDC trial, and Binance launches an AI generator of NFT art. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The most valuable crypto stories for Thursday, March 2, 2023. Three U.S. senators have written to Binance, the world's largest crypto exchange by trading volume, asking for details about its money-laundering controls and accusing Binance of being a "hotbed of illegal financial activity," according to a Wall Street Journal report. Plus, a closer look at why shares of crypto-friendly lender Silvergate Capital are plunging.See also:Before Silvergate and After SilvergateBinance a 'Hotbed of Illegal Financial Activity,' U.S. Senators Claim-This episode has been edited by Ryan Huntington. The senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”-Are you building the next big thing in Web3? Apply to pitch your project live on stage at the CoinDesk Pitchfest Powered by Google Cloud at Consensus, the industry's most influential event happening April 26-28 in Austin, Texas. Apply by March 31 for a chance to be among the twelve finalists selected to pitch. Visit consensus.coindesk.com/pitchfest for more information.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

► Zur Opening Bell+: https://bit.ly/360kochpc * Ein Podcast - featured by Handelsblatt. Helfen Sie uns, unsere Podcasts weiter zu verbessern. Ihre Meinung ist uns wichtig: www.handelsblatt.com/zufriedenheit Solange wir keine Stabilisierung bei den Renditen der US-Staatsanleihen sehen, wird der Gegenwind auf der Aktienseite anhalten. Mit den Renditen 2-jähriger Staatsanleihen bei 4,9% signalisiert der Rentenmarkt die wachsende Furcht, dass die FED erneut zu wenig macht. Anders gesagt: Eine Anhebung um 50 und nicht 25 Basispunkte am 22. März würde vom Markt aktuell begrüßt werden. Dass sich der Dow Jones im Vergleich zum S&P 500 und Nasdaq heute besser halten kann, liegt einzig und allein an Salesforce. Da der Dow Jones ein Preisindex ist, bringt allein der Anstieg der Salesforce-Aktien dem Index rund 170-180 Punkte ein. Ansonsten sieht die Ertragsbild erneut überwiegend flau aus. Best Buy, Box, Snowflake und Splunk leiden unter den Aussichten. Im Einzelhandel profitieren die Aktien von American Eagle und Macy's nach den Zahlen freundlich. Der Analystentag von Tesla wird an der Wall Street als enttäuschend beschrieben, mit der Aktie dementsprechend unter Druck. Trotz negativer geopolitischer Schlagzeilen tendieren chinesische Tech-Werte vorbörslich stabil. Morgan Stanley äußert sich positiv zu PDD, während die Bank America die Ziele für iQIYI anhebt. Abonniere den Podcast, um keine Folge zu verpassen! __________________________________________________ ► Zur Opening Bell+: https://bit.ly/360kochpc * ► https://www.instagram.com/kochwallstreet/ ► https://www.facebook.com/markus.koch.newyork ► https://www.youtube.com/user/kochntv ► https://www.markuskoch.de/ *Werbung

There's a TradFi conspiracy no one is talking about, and it stands to ruin crypto for everyone but the elite. In this video, I take a deep dive into both Silvergate Capital and Citadel Securities, and the secret weapon they're preparing that could threaten all of DeFi. Interested in Crypto Retirement Accounts? Check out iTrust Capital! ➡️ https://itrust.capital/Bitboy

In der heutigen Folge „Alles auf Aktien“ sprechen die Finanzjournalisten Anja Ettel und Nando Sommerfeldt über eine enttäuschende Industrie-Ikone, einen absoluten Aktien-Klassiker und eine Jahrhundertaktie im Glück. Außerdem geht es um ThyssenKrupp, TUI, Airbnb, Delivery Hero, Vulcan Energy, Walt Disney, Tesla, Spotify, Peloton, Affirm, Marathon Digital, Silvergate Capital, Lyft, Apple, Paramount Global, Louisiana-Pacific, Berkshire Hathaway, CocaCola, US Bancorp, Bank of New York Mellon, Ally Financial, Activision Blizzard, Microsoft, Alibaba, JD, Baidu, Li Auto, Plug Power, Meta, AMC, Gamestop, Lufax Holding und PepsiCo. Wir freuen uns an Feedback über aaa@welt.de. Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Our anchors begin today's show with CNBC's Steve Liesman and Mike Santoli breaking down January's hotter-than-expected inflation data, and CNBC's Kristina Partsinevelos reports on Citadel Securities disclosing a stake in crypto bank Silvergate Capital. Next, GlobalFoundries CEO Thomas Caulfield discusses the chipmaker's Q4 earnings beat, and RSE Ventures Co-Founder and CEO Matt Higgins offers his outlook for the state of venture capital. Later, IAC CEO Joey Levin weighs in on the company's latest results, and Oppenheimer Executive Director Owen Lau shares his bull case for digital currency exchange Coinbase.

In this episode we examine the how Silvergate Capital rode the FTX tide all the way up and all the way down.

New U.S. jobs data smashed expectations, bitcoin market sentiment hit a 14-month high, and venture capital investment dropped 91% year-over-year. Clearly, there's conflicting data rippling through markets. Ash Bennington is joined by Chris Sullivan, co-founder and co-portfolio manager at Hyperion Decimus, to discuss what to make of it. Plus, we'll cover a new report about the condensed ownership of the company behind tether, Australia's new regulatory plans, and Silvergate Capital reportedly coming under investigation over FTX and Alameda. Learn more about your ad choices. Visit podcastchoices.com/adchoices

For bitcoin news, resources, price updates, and bitcoin mastery videos sign up for free at https://21towers.com. Chapters 00:00 Introduction 00:08 Summary 00:40 Bitcoin Halving Price Narrative Dead? 06:55 Fidelity Digital Assets Report Summary of Bitcoin Adoption 09:13 Pantera's assessment - no major tech stock outperformed Bitcoin 10:42 Mixed Signals on where Bitcoin goes next 12:09 Argentina and Brazil's de-dollarization move 13:35 Nexo settles with SEC by paying fine and closing Earn product 14:14 BlockFi Mistakenly Reveals Its $1.2B FTX Exposure 15:34 Binance processed millions for 'money laundering engine' Bitzlato 17:10 Importance of Self Custody 18:51 Silvergate Capital reports net loss of $1 billion for the fourth quarter 19:58 French senators vote to ease crypto licensing regulation 20:44 El Salvador paid 800 million dollars plus interest 21:37 New Hampshire exploring Bitcoin Mining after Texas 22:21 Nuclear-powered Bitcoin mining farm to open in Pennsylvania 23:05 Blockstream raises $125 million to boost mining operations Related podcasts referred from this show: https://www.youtube.com/watch?v=jDxqiqZfO8E Links from this show: https://ecoinometrics.substack.com/p/ecoinometrics-is-the-bitcoin-halving https://news.bitcoin.com/report-crypto-adoption-hits-new-milestones-global-crypto-owners-reached-425-million-in-2022/ https://www.fidelitydigitalassets.com/sites/default/files/documents/1068419.1.0%20Fidelity%20Digital%20Assets%20-%202023%20Look%20Ahead%20-%20Retrospective%20-%2001.24.pdf https://panteracapital.com/blockchain-letter/the-year-ahead/ https://insights.glassnode.com/the-week-onchain-week-04-2023/ https://www.economist.com/finance-and-economics/2023/01/26/argentina-and-brazil-propose-a-bizarre-common-currency https://www.coindesk.com/policy/2023/01/19/crypto-lender-nexo-to-pay-45m-cease-offering-eip-in-settlement-with-sec/ https://www.reuters.com/business/finance/silvergate-capital-reports-net-loss-1-billion-fourth-quarter-2023-01-17/ https://unchainedpodcast.com/blockfi-mistakenly-reveals-its-1-2b-ftx-exposure/ https://markets.businessinsider.com/news/currencies/binance-bitzlato-crypto-crime-russia-money-laundering-doj-2023-1 https://www.reuters.com/business/finance/silvergate-capital-reports-net-loss-1-billion-fourth-quarter-2023-01-17/ https://www.econotimes.com/Cryptocurrency-Binance-admits-mixing-customer-funds-with-collateral-tokens-by-mistake-1649492 https://www.reuters.com/business/finance/silvergate-capital-reports-net-loss-1-billion-fourth-quarter-2023-01-17/ https://www.theblock.co/post/205237/french-senators-vote-to-ease-crypto-licensing-regulation https://twitter.com/nayibbukele/status/1617700039534731264 https://twitter.com/BitcoinMagazine/status/1616158010593935360 https://twitter.com/BitcoinNewsCom/status/1617675075637112833 https://www.btctimes.com/news/blockstream-raises-125m-to-boost-mining-operations If you want to learn about bitcoin or ask us questions, sign up for free at https://www.21towers.com. Telegram: https://t.me/btc21towers 21Towers Podcast: YouTube: https://youtube.com/playlist?list=PLB... Apple Podcast: https://podcasts.apple.com/sg/podcast... Spotify: https://open.spotify.com/show/6X2WkOg... Twitter: https://twitter.com/21towersbitcoin --- Send in a voice message: https://podcasters.spotify.com/pod/show/btclighthouse/message

Elaine Ly and Marco Olivera welcome Dean Carr aka C the Light to share his latest technical analysis. On the news front, the U.K. has unveiled its proposed crypto regulation, and we have updates on 3 bankrupt crypto lenders: BlockFi, Voyager Digital, and Celsius Network, with the latter revealing which customers can withdraw their assets from the platform. Plus, some respite for Silvergate Capital as a major TradFi investment company reveals a stake in the crypto-friendly bank. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Crypto is starting to rise as money is flowing back into various coins. Ethereum in particular looks stronger than it's ever looked - and primed to go even higher than it did in 2021. Even still: watch graphs and time your decisions accordingly. Connect with us: Website: https://www.CryptoTalkRadio.net Twitter: @CTRCryptoRadio Facebook: @ThisIsCTR Discord: @CryptoTalkRadio YouTube: @CryptoTalkRadio

The total crypto market cap has returned above $1 trillion, with Bitcoin and other cryptocurrencies enjoying a long overdue bounce. On this Real Vision Crypto Daily Briefing, Ash Bennington reviews the price action with DARMA Capital co-founder and president, Andrew Keys. They assess whether the news flow justifies a rally, the news of Binance trying to shore up institutional investor confidence, a proposed marriage-made-in-hell between the founders of two bankrupt companies, Three Arrows Capital and CoinFLEX, and the latest Silvergate Capital earnings results. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Stronger-than-expected employment data Stateside fuels concerns about further Fed tightening, pushing U.S. markets into the red. Kansas City Federal Reserve President Esther George tells CNBC that she believes rates will stay higher until at least 2024. In China, mortgage rules are loosened to help boost a flagging property sector and authorities are reportedly prepared to ease ‘three red line' limits on developer borrowing. In tech news, Samsung Electronics expects to see Q4 profit slump by almost 70 per cent on the back of soft demand for smart phones and chips. The collapse of crypto exchange FTX prompts Silvergate Capital to cover $8bn in withdrawals. And Kyiv has rejected an Orthodox Christmas truce offered by Moscow while clinching U.S., German and French deals for armoured vehicles. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Genesis Global Trading, a key player in making the crypto markets tick, is laying off staff and reportedly contemplating filing for bankruptcy. On this Real Vision Crypto Daily Briefing, Ash Bennington is joined by Jim Bianco, president of Bianco Research, to assess the potential impact of the trouble at Genesis — including to its parent company, DCG. They also discuss the former Celsius Network CEO Alex Mashinsky being sued by the New York Attorney General for fraud, and crypto-friendly bank Silvergate Capital seeing its shares plummet amid a "crisis of confidence." Plus, Ash and Jim will cover the broader outlook for macro and crypto markets. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Plus: Bed Bath & Beyond shares slide 30% after the retailer said there was substantial doubt it can stay in business. Silvergate Capital shares drop 43% after WSJ reported that the bank had to sell assets to cover $8.1 billion in withdrawals after crypto exchange FTX collapsed. J.R. Whalen reports.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Carl Quintanilla and Jim Cramer led off the show with a wide-ranging discussion about Amazon's plans to cut 18,000 jobs and how many more layoffs we might see in the tech sector. Wednesday night on CNBC, Jim urged Amazon to reduce headcount shortly before CEO Andy Jassy issued a memo to employees about the cuts. The anchors also reacted to comments from Kansas City Fed President Esther George, who told CNBC she sees interest rates above five percent until inflation is under control. Also in focus: Tesla shares fall on a slump in deliveries of its China-made vehicles, crypto-focused bank Silvergate Capital plummets after disclosing a plunge in deposits in wake of FTX's collapse, what to make of Wall Street's downgrade parade – and bright spots, plus Microsoft CEO Satya Nadella tells CNBC why he sees a "challenging" two years ahead for tech.

In Episode 290 of Hidden Forces, Demetri Kofinas speaks with Edwin Dorsey. Edwin is the author of “The Bear Cave,” a financial newsletter focused on exposing corporate misconduct that regularly moves markets and is cited frequently in Bloomberg terminal breaking news alerts. Edwin was recently profiled in Institutional Investor and is part of a wave of new authors on Substack who are changing the landscape of financial journalism. Today's conversation focuses on Silvergate, a little-known but very important bank that recently found itself under investigation by US Senators Elizabeth Warren, Roger Marshall, and John Kennedy for its role in facilitating the movement of funds critical to the operations of Sam Bankman-Fried's failed crypto Exchange, FTX. Silvergate describes itself as the "leading bank for innovative businesses in FinTech and cryptocurrency," but its main business appears to have been facilitating payments between crypto hedge funds like Alameda and crypto exchanges like FTX. It already faces at least one class action lawsuit, alleging that the company aided and abetted FTX's fraudulent activities and breaches of the exchange's fiduciary duty through improper transfers, and through the lending and commingling of user funds. This evolving story extends well beyond Silvergate and helps you piece together some of the larger story that we have been trying to tell on this podcast in the last few months. If you want to listen to it, you can subscribe to our premium content and gain access to our premium feed, episode transcripts, and Intelligence Reports at HiddenForces.io/subscribe. If you want to join in on the conversation and become a member of the Hidden Forces genius community, which includes Q&A calls with guests, access to special research and analysis, in-person events, and dinners, you can also do that on our subscriber page. If you still have questions, feel free to email info@hiddenforces.io, and Demetri or someone else from our team will get right back to you. If you enjoyed listening to today's episode of Hidden Forces you can help support the show by doing the following: Subscribe on Apple Podcasts | YouTube | Spotify | Stitcher | SoundCloud | CastBox | RSS Feed Write us a review on Apple Podcasts & Spotify Subscribe to our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe & Support the Podcast at https://hiddenforces.io Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 12/21/2022

Die Börse mag Dezember nicht, aber Microsoft mag Activision Blizzard weiterhin und GSK sowie Sanofi mögen Richter in Florida. Außerdem profitiert Goldman Sachs vom Krypto-Crash und Silvergate Capital profitiert nicht. Live Nation (WKN: A0H0VZ) wurde von Taylor-Swift-Fans überrannt und wird vielleicht von Behörden zerschlagen. Aber fürchtet euch nicht, sondern nehmt die 30% Rendite, sagt die Citigroup. Digitale Nike-Sneaker sind mittlerweile ein Milliarden-Business. Wir erklären, wieso und warum das erst der Anfang ist. Diesen Podcast der Podstars GmbH (Noah Leidinger) vom 08.12.2022, 3:00 Uhr stellt Dir die Trade Republic Bank GmbH zur Verfügung. Die Trade Republic Bank GmbH wird von der Bundesanstalt für Finanzaufsicht beaufsichtigt.

Markets are trading lower ahead of Fed Chair Jerome Powell's speech this afternoon. I give my take on what Powell will say… and whether you should expect a Fed pivot anytime soon. Bitcoin continues to trade around $17,000 despite the FTX meltdown. I break down why this volatility reminds me of the dot-com days… how one big asset manager is moving into crypto… and how investors should play the chaos in the crypto market. Well-known short seller Mark Cohodes is going after crypto stock Silvergate Capital—going so far as to call the company a fraud. I explain why I'm skeptical of the short thesis… and why the stock could rally 200% from here. Plus, one more crypto stock for your watchlist. In this episode  What to expect from Powell's speech [0:30] Will the Fed pivot anytime soon? [5:25] Why Bitcoin is resilient amid the crypto market chaos [7:15] Why I'm skeptical of the short thesis on Silvergate Capital [10:14] One more crypto stock to watch [33:28] Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox every Wednesday: https://www.curzioresearch.com/wall-street-unplugged/ Wall Street Unplugged podcast is available at: --: https://itunes.apple.com/us/podcast/wall-street-unplugged-frank/ -- : https://www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 -- : https://www.curzioresearch.com/category/podcast/wall-street-unplugged/   : https://twitter.com/frankcurzio :. https://www.facebook.com/CurzioResearch/ : https://www.linkedin.com/in/frank-curzio-690561a7/ :

Podcast-Variante des Aktien-Schnelltests inkl. Eindrücken aus Gespräch von Michael Hüsgen und Bernecker-Experte Volker Schulz ("Der Aktionärsbrief"). Die eigentliche Gesamtsendung inkl. Teil 1 gab es am 17.11.2022 im BerneckerTV. Themen-Schlaglichter: ++ Hinweis auf Bernecker Wegweiser für Kapitalanlagen 2023 ++ Hershey Group - Gute Zahlen, aber ... ++ Silvergate Capital - Dicke Erholungschance in der Krypto-Malaise? ++ Friedrich Vorwerk - Gut positioniert für das neue Energiezeitalter ++ IBU-tec - Alles in der Spur? ++ Siltronic - Chance deutlich höher als das Risiko? ++ Init Innovation - Profiteur des Urbanisierungstrends ++ Morphosys - Trauerspiel ++ Taiwan Semiconductor - Buffet setzt Zeichen Schauen Sie gerne mal auf unsere umfangreiche Infoseite des Bernecker Wegweisers für Kapitalanlagen 2023. Werfen Sie gerne einen Blick in die Leseproben und nutzen bei Ihrer Bestellung bis zum 22.11.2022 den Vorbestellpreis. Hier geht es zur Infoseite: https://ichkaufeaktien.de/wegweiser-2023/ Lust auf noch mehr Sendungen? Nicht auszugsweise und nicht erst zeitverzögert? Noch ein breiteres Themenspektrum? Informationen zu Bernecker.tv: https://www.bernecker.info/product?id=43

Columbus McKinnon CEO David Wilson (CMCO) gives us a glimpse into the health of factories across the globe. How cryptocurrency bank Silvergate Capital (SI) is managing challenges among crypto exchanges. Why some of R1 RCM's (RCM) healthcare industry customers are having trouble paying their bills. How hydrogen fuel cell company Plug Power (PLUG) continues to plug forward in the race for more electric vehicles. The Drill Down with Cory Johnson offers a regular look at the business stories behind stocks on the move. Learn more about your ad choices. Visit megaphone.fm/adchoices

What Planet Labs CEO Will Marshall (PL) is doing to combat climate change… and make its mark in the emerging space industry. Crypto bank Silvergate Capital (SI) hints at when its stablecoin may be ready. How Netflix (NFLX) got its groove back… and revels the eye popping number of its production budget. Lockheed Martin (LMT) reveals some secrets about billions of dollars in classified weapons development, including weapons in space.  The Drill Down with Cory Johnson offers a daily look at the business stories behind stocks on the move. Learn more about your ad choices. Visit megaphone.fm/adchoices

Informatica CEO Amit Walia (INFA) sees pandemic-induced digitization across industries continuing. But what happens if remote work truly comes to an end? Cryptocurrency bank Silvergate Capital (SI) defies short sellers and sees no reason to make changes to its strategy. Ally Financial (ALLY) explains why higher rates may not be a challenge for car sellers. Halliburton (HAL) gives us clues as to when drillers may start drilling again. The Drill Down with Cory Johnson offers a regular look at the business stories behind stocks on the move. Learn more about your ad choices. Visit megaphone.fm/adchoices

Our anchors begin today's show with CNBC's Mike Santoli breaking down the Nasdaq selling off to start the morning, and Satori Fund Founder Dan Niles offers his outlook for whether investors should expect more pain ahead for the markets. Then, T-Mobile CEO Mike Sievert joins as the telecom provider announces free in-flight internet and streaming on U.S. airlines, and crypto bank Silvergate Capital CEO Alan Lane offers his outlook as the ongoing volatility hammers digital currencies. Next, CNBC's Dom Chu covers some of the top tech laggards plunging on the day, and Microsoft EVP and Chief Commercial Officer Judson Althoff discusses the company launching a new product to expand its influence in the sales software market. Later, CNBC's Kristina Partsinevelos takes a deeper dive into some of the worst performing names across fintech, semiconductors and Chinese tech.

Peter Winter talks regional banks, saying that the 2022 outlook is very positive, while average loan growth accelerated in 4Q. His top picks in the space are Citizens Financial Group, Huntington Bancshares, and Fifth Third Bancorp - while his mid-cap top picks are Customers Bancorp, Signature Bank, East West Bancorp, SVB Financial, Silvergate Capital, and Western Alliance.

#Bitcoin #MarkZuckerberg #NayibBukeleI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT. My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.ARTICLES used in today's video:https://ambcrypto.com/el-salvadors-pro-bitcoin-fm-fires-back-at-imfs-insult/El Salvador's pro-Bitcoin FM fires back at IMF's ‘insult'The International Monetary Fund warned El Salvador to drop Bitcoin as legal tender. Not just once, or twice, but at least 4-5 times in the past. In fact, even the Executive directors urged El Salvador to detach Bitcoin's status as legal tender in the country. What's more, in a recent release, the IMF insisted that El Salvador dissolve its $150-million trust fund incorporated at the time of its policy decision.Agree to disagreeEl Salvador's Finance Minister Alejandro Zelaya responded to recent demands from the International Monetary Fund. And, as expected, he remains undeterred from his ‘pro-BTC' stance.https://decrypt.co/91899/hacker-steals-320-million-solana-ethereum-bridge-wormholeHacker Steals $320 Million From Solana, Ethereum Bridge WormholeWormhole, a protocol that allows users to move their tokens and NFTs between Solana and Ethereum, has confirmed that it suffered an exploit of 120,000 Wrapped Ethereum, worth over $320 million—higher than the $250 million originally suspected."ETH will be added over the next hours to ensure wETH is backed 1:1," it posted on Twitter, adding: "We are working to get the network back up quickly."https://bitcoinist.com/bitcoin-mining-revenue-6-month-low-downtrend/Bitcoin Mining Revenue Plummets To 6-month Low Amid DowntrendOn-chain data shows Bitcoin miner revenues have now declined to six-month lows as the price of the crypto has continued to struggle recently.Bitcoin Miner Revenues Fall To 6-Month LowsAs per the latest weekly report from Arcane Research, the BTC miner revenues have now dropped to lows not seen since six months ago.https://www.vulture.com/2022/02/hitpiece-nft-musicians-criticize.htmlMusicians Rage at NFT Site Auctioning Songs Without PermissionDon't worry, your favorite indie band didn't get into selling NFTs overnight. A new NFT platform called HitPiece has caught heat from a number of musicians — largely indie bands — for selling NFTs of their music without permission. Per a description on its website that has since been taken down, “HitPiece lets fans collect NFTs of your favorite songs.” What that seemed to mean in practice was music was available on HitPiece, like a streaming service, to be turned into NFTs without consent from musicians. (To backtrack: An NFT, or nonfungible token, is a unique electronic thing that exists on the blockchain, which is what also powers cryptocurrency.) As NFTs have gained traction in the music and art communities over the past several months, many have criticized them for negatively impacting the environment via the blockchain and just not making sense.https://www.euronews.com/next/2022/02/02/death-knell-for-mark-zuckerberg-s-crypto-dreams-after-regulators-block-meta-s-diem?utm_source=flipboard.com&utm_campaign=feeds_money&utm_medium=referralDeath knell for Mark Zuckerberg's crypto dreams after regulators block Meta's DiemA once-ambitious but now faltering Facebook-backed digital currency project known as Diem is dead, its assets sold to bank holding company Silvergate Capital.Silvergate and the Diem Association announced the sale on Tuesday. Meta, which owns Facebook, did not have a comment.A Facebook spokesperson, however, pointed to tweets by Stephane Kasriel, head of Meta's cryptocurrency wallet Novi, that said the decision to sell was not made by Meta, but by the Diem Association."We hope that the Association's sale of their assets to @silvergatebank will allow the project's vision to live on. Because we still believe in the shared financial inclusion mission," Kasriel wrote.https://alternative.me/crypto/fear-and-greed-index/https://coinmarketcap.com/Please subscribe, like, and share so that more and more people can view this content.DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.Thank you very much DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

El New York Times compra Wordle; la UNAM mandará misión lunar; y Diem de Facebook es vendido a Silvergate Capital.

Today's blockchain and cryptocurrency news Brought to you by ungrocery.com Bitcoin is down slightly at $36,688 Ethereum is down slightly at $2,455 and Binance Coin is up slightly at $372 Theta fuel up 24% Putin wants a regulated crypto mining industry. DeFi Protocol Wonderland dealing with the nature of a Decentralized, sometimes anonymous community. Once-shiny Diem indeed selling — to Silvergate capital for $200M FTX.US closes round with $8B valuation

"The NFTZ ETF gives investors access to the digital revolution theme, which includes non-fungible tokens and blockchain technology" says Defiance ETF's Sylvia Jablonski. Top NFTZ holdings include Silvergate Capital, Plby Group, Cloudfare, Northern Data, Marathon Digital, Bitfarms LTD, SBI Holdings, Coinbase, Hut 8 Mining, and CleanSpark.

 @AviNMash and @Anthony Ohayon are joined by @Rhemrajani9 to discuss $AFRM (Affirm) $ETH $SI (Silvergate Capital) and $TSLA (Tesla) Ending song: Big Moves by Stige and Andrew Finkelstein (www.SongWriteClub.com) 

Mark and Derek discuss the meme stock mania.  Everyone is talking about how these stocks are changing the way some people look at investing in the market.   A flurry of individual investors, spurred on by Reddit's WallStreetBets community, has sent share prices soaring in companies that Wall Street had largely forgotten. And plenty of people have seen substantial gains in a short period of time. Who is investing in these stocks?  How have these trends changed investing?   How should you approach buying these stocks?[3:12] SWP's methodology in choosing stocks[4:28] Who is investing in these stocks?[5:58] Their takes on the AMC & Gamestop stocks[8:44] What is Naked Brands?[10:37] What is Humble?[13:04] How you should approach these stocks?[16:58] Micheal Burry's thoughts on these stocks article[18:09] Melvin capital goes under from shorting Gamestop articleResources & People MentionedAMC https://finance.yahoo.com/quote/AMC/GAMESTOP https://finance.yahoo.com/quote/GME/CLOVER HEALTH INVESTMENTS https://finance.yahoo.com/quote/CLOV/WENDY'S https://finance.yahoo.com/quote/WEN/NAKED BRANDS https://finance.yahoo.com/quote/NAKD/HUMBLE https://www.humbl.com/Wall Street Bets https://www.reddit.com/r/wallstreetbets/SILVERGATE CAPITAL https://finance.yahoo.com/quote/SI/Micheal Burry article Connect with Derek GabrielsenTwitter: @DerekGabrielsenFollow Derek on LinkedInSend Derek a message hereCheck out Derek's YouTube channel!Connect With Mark TepperTwitter: @MarkTepperSWPFollow Mark on LinkedInSend Mark a message hereThe SWP Connect YouTube ChannelSend your questions and comments to us at info@SWPConnect.com Subscribe to The Capitalist Investor

In der heutigen Folge „Alles auf Aktien“ berichten die Finanzjournalisten Anja Ettel und Holger Zschäpitz über eine Wette um Vantange Towers, einen Star aus dem SDax und die Reaktion auf Zahlen bei Microsoft und Google. Außerdem geht es um Vantage Towers, Stratec, Digital Holdings, Square, Riot Blockchain, Visa, Facebook, Nvidia, Mastercard, PayPal, Tesla, JPM, MicroStrategy, Silvergate Capital, Overstock, Invesco Elwood Global Blockchain (WKN: A2PA3S), Commerzbank. "Alles auf Aktien" ist der tägliche Börsen-Shot aus der WELT-Wirtschaftsredaktion. Die Wirtschafts- und Finanzjournalisten Anja Ettel und Holger Zschäpitz diskutieren über die wichtigsten News an den Märkten und das Finanzthema des Tages. Außerdem gibt es jeden Tag eine Inspiration, die das Leben leichter machen soll. In nur zehn Minuten geht es um alles, was man aktuell über Aktien, ETFs, Fonds und erfolgreiche Geldanlage wissen sollte. Für erfahrene Anleger und Neueinsteiger. Montag bis Freitag, ab 6 Uhr morgens. Wir freuen uns an Feedback über aaa@welt.de. Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. +++Werbung+++ Hier geht's zur App: Scalable Capital ist der Broker mit Flatrate. Unbegrenzt Aktien traden und alle ETFs kostenlos besparen – für nur 2,99 € im Monat, ohne weitere Kosten. Und jetzt ab aufs Parkett, die Scalable App downloaden und loslegen. Hier geht's zur App: https://bit.ly/3abrHQm