Shotgun Wedding
The great bank wipeout of 2023 seems to be picking up pace. And it’s causing collateral damage in a few unexpected places.
The great bank wipeout of 2023 seems to be picking up pace. And it’s causing collateral damage in a few unexpected places.
Credit Suisse just got bailed out by the Swiss National Bank (SNB) to the tune of CHF 50 Billion. WHO IS NEXT?
For anyone who’s been active in the markets back in 2008 this is probably deja vu all over again. Over the weekend bank regulators seized Silicon Valley Bank as well as Signature Bank in New York, which represents the largest bank failure since the 2008 recession.
If the current market gyrations are making you want to step out into the yard and kick a tree or two, then you’re not alone.
0DTE has become all the rage among retail traders for one simple reason: There’s a ton of money to be made if you happen to find yourself on the right side of the the trade.