Daily Archives: March 13, 2023

Macro Briefing: 13 March 2023

* All SVB depositors will be protected, say US regulators
* US regulators close another bank: Signature Bank
* Wall Street considers how far the banking panic will spread
* US Banks have $620 Billion in unrealized losses, raising contagion worries
* North Korea fires submarine missiles ahead of US-South Korea military drills
* Biden bars oil drilling for nearly 3 million acres in Alaska
* Goldman Sachs no longer sees a Fed rate hike for the March 22 policy meeting
* Appeal of cash will increase in years ahead, predicts co-CIO at Bridgewater
* US payrolls rose more than expected in February
* US 10-year Treasury yield falls sharply amid SVB bank failure:

Continue reading