/biz/ - Business & Finance

Which ORE token is the one you all talk about? I have 10k to invest but there are fuckton of OREs in coingecko

>>54063288
He's trying to warn you...

>>54063288
BIG IF TRUE

Are there any good safe stocks?

No, I mean literally. I think they'll see an uptick in sales from normies panicked about bank runs.

>>54063288
You guys are clearly overexaggerating, we're totally fine, rules say bank cant run out of monies.

Went to Bank of America yesterday to close my account. I had over 14,000 bucks in the account. They refused to give me my money. I ended up making a scene telling them to give me my damn money. They called security and had me escorted out of the mall. Today is Sunday so the local BOA are all closed.

I'm going from one BOA to another on Monday to get my money out. I hope it isn't too late. Just a heads up if you have a Bank of America account you better start working to get your money out before its too late.

https://youtu.be/1uggd6Mkyso

he's a broken record at this point.
also it's hilarious how he's "explaining" how people are wrong at seeing elevated prices while prices keep elevated.

Funny everybody on fintwit calling for le epic bounce rally next week.

Contrarian view: the market didn’t give a shit about SIVB. We had worse down weeks randomly on no news in May/September. Vix is up only because of gamma squeezing. Faggot vol sellers got pinched, but that’s it. Junk bonds not even down 2% for the week, dollar flat. Not risk off. Yields also got smoked by a 3sd move so going into CPI they have room to run if it comes in hot. THAT will be the real down move, yields up 5% in a day during quad witching week. No bottom until a 3% down day for SPY.

What the fuck I just woke up an hour late and missed an whole /smg/ thread overnight

I can smell the fear mumutard. Go take a shower for mommy. Always remember mommy loves you.
https://youtu.be/tsmPCi7NKrg

>>54063332
Once again, Cramer fucks-up.

>>54063364
If even one trans-women POC loses their money over this, Jerome Powell should fired!

>>54063448
It was the worse thread ever

>>54063364
God this feels great
I get higher dividend yields from cheaper stocks and deadweight affimemetive action tech gets wiped

>>54063332
>hedge fund
>literally runs shorts during bull runs
>warning you
seems like he's totally disinterested anon. probably has nothing at all to do with his own profit margin.
he'll show you what he's holding, just ask!

>>54063466
this one is even worse, and getting worser

>>54063403
I still like tuning in to him from time to time

>>54063455
Honestly seems like a curse at this point, like dude was almost in tears about meta

>>54063288
> I am the only smart person is a sea of fools

>>54063455
>Cramer is bullish on cruise liners
He really is a fucking idiot.

>beards are a sign of virility

Only fags and no-chin copers have beards. I'm banging a truckers wife behind his back and hes your typical truckie shithead with a huge dodge ram (on finance of course)

Tiny cocked fags

>>54063364
So the only bank that would do that is bankrupt. Could there be a connection?

two more weeks!

>>54063531
I had a dream about nooticers last week, it was weird

>>54063529
>I got a truck bruh, I can move stuff
Why didn't you just buy an Offroad Utility Van?

Robber Barrons. Time for profits.

>>54063332
hes not wrong, the numbnuts in the administration are claiming 'moral hazard', so that both the bank and everyone over 250K loses their cash. effectively this is the crazy shit they always wanted to pull happening in real time

>>54063544
I had a dream where I went on FinViz on Monday morning at open and it showed a 5% drop on the DJIA.
So we know that's not gonna happen

>>54063548
Can you read? I dont think you can. Re read the post again.

>>54063373
There is a company out of Texas, but I can't remember their name. You can buy them directly, low cap low volume. They have a company that controls them, you can buy them too. Slightly larger cap and larger volume.
I can't for the life of me remember either name or symbol, and I'm not gonna boot account to find it. Both are paying a decent divy right now anyway.

>>54063529
I dont see how the first sentence relates to the second sentence. Does the trucker have a beard or something?

>>54063598
Yeah hes got one of them fag no-chin hiders

How likely is it that markets close tomorrow at only -5% down?

>>54063549
Kash King Klan, it's our time to ride.

>>54063378
>I'd like to withdraw all my money.
>"No."
This how I see most bank runs going.

I could have gotten higher, but this is a nice test

>>54063576
CIX?

>>54063378
retard

>>54063437
Remember anon this is a CLOWN market. Bad news (a bank going bust) is good news (rates will get cut). /s

>>54063612
You're going to get grizzeled into a puddle and die with your intestines leaking into your chest cavity.
You are aware of this, right?

>>54063332
>>54063288
that other big wall street guy offed a few days ago too

>>54063332
Nah, he just wants the fed to buy his bags, just like Mark Cuban and other snakes that are pro free markets until it doesn't suit them anymore

>>54063529
Pretty boys rise up.

>>54063627
Thank you. And the parent?

>>54063529
>butthurt he can't grow a beard
sour grapes much? lol

>>54063373
$BCO

>>54063332
>Ackman

>>54063669
NL.

>>54063373
CIX or NL.

>>54063627
>>54063576
>>54063681
>>54063704
Intradesting. Thanks, gents.

>>54063648
source?

Nothing ever happens but at this point it almost feels like it needs to happen in order to expose and blow up this clown show people call an economy.

Anyone remember the name of that old permabull guy people used to post a lot?

>>54063520
What's wrong with cruise liners

>>54063746
Budd Dwyer

>>54063627
>CIX?
YES

>>54063746
David "Pussy Hunter" Hunter?

>>54063762
>everyone's broke
>hey let's invest in businesses based on completely frivolous spending and luxury

>>54063797
Yeah this guy, thanks.

>>54063772
Publicly-traded pop stars...

>>54063772
Can I join a Kpop band as a White American? Ill just wear sunglasses

>>54063772
those guys have gross knees.

>>54063733
The market isnt even that bad off so for considering how undehedged it was for this event

Literally one company fucked up and tanked. It has nothing to do with the market as a whole. Some dorks will take their $700 in savings out of the bank and stocks will dip will a bit on Monday but will finish the week green and we'll all forget about this whole thing by the weekend.

>>54063816
>White American
don't kid yourself

>>54063825
Haha yeah exactly I’m not scared at all. Seriously though one more red week and I’m getting margin called

>>54063816
>white
>wants to be a gook
But why?

>>54063827
The worst koreans really ratcheting up the globohomo

>>54063795
Only retired boomers go on cruises and they have tons of money from their HELOCs/reverse mortgages/sixth rental properties/pensions/kids' rent checks.

>>54063825
I dunno anon. It's kinda nice having a direction. Even if it just ends up with us eating the rich.

>>54063816
No. That kpop shit is unironically a fetish, like being a furry. The community is fucked up. You won't pass because you don't look like a woman.

>>54063332
>>54063650
You know how it always goes: privatize the profits, socialize the losses.

>pre-futures

Now that Machel Burry reactived his account i might have to buys calls

>>54063881
Furries kind of based since the sick freaks are also trans

>>54063825
Tony Dwyer: "In every recession the 2Y bonds peaked before the market bottomed out meaning October was not the bottom."

>>54063733
A good trading rule of thumb is that nothing ever "needs" to happen. Market doesn't owe you shit.

In fact, it works to optimize for fucking as many people as possible. So it will never dump until the last pol schizo rolls his eyes and says "OK, maybe they can keep this clown show going by printing".

>>54063914
>in every recession
in the US past, the problem was not GIBS combined with a near total economic shut down for 50% of the US.
these comparisons Suck Ass, even when Powell is making them.

>>54063898
Unironically this is the time to start being bullish. There’s plenty of pain and suffering to come, but this the financial Armageddon we’ve been waiting for since last February. The sooner it comes the sooner we rebound. Crabbing around since Halloween was horrible

people have already forgotten how 2008 started. within 6 months everyone and their dog's girlfriend will be dumping their trash US treasuries en masse. it's not that Yellen can't bail out SVB, it's that they can't bail them out. remember to never trust what the bankers are saying publicly.

>>54063769
Now there's a guy who shot his shot. You gotta respect that in this market.

>>54063844
I reminds me of the times of backstreet boys and N sync

Theoretically let's say JP Morgan DOES eat shit and die. What happens to everyone's JEPI shares?

>>54063940
>this time, its le different

>>54063961
Why can’t they?

>>54063841
Are your investments with good companies? Will they come back?

>>54063990
That's literally the premise to the start of a collapse tho.
So nigger yourself into a real argument, nigger.

>>54063940
Who cares how do we make money and don't say fucking options rich men don't gamble they grow and they reap.

>>54063364
>Leninism applied to banking, with LGBT sprinkled in
I hate the modern world. I think we need this collapse.

>>54063988
nothing, each etf and mutual fund is its own distinct entity. the only one im not sure about are ETN's

>>54063461
Ho..leeee...FUCK
HAHAHAHHAHAHA

>>54063364
..and thats a good thing (for once)

Starting from now, what's the price action scenario that would heem the most people ?

>>54063733
Nothing needs to happen. Fakeness in the economy can keep going indefinitely -- at great cost to society, but still. Class hierarchy and panem et circenses are old, resilient, very human things and the economic fakeness is a way of implementing those.

>>54064000
Some are highly speculative, but good fundamentals

>>54063378
Everyone knows its Wells Fargo that is at risk. They fucked around with an apparent bail in on Friday, probably practicing for the bail in to come.

>>54063996
why didn't they bail out Lehman? nobody wants anything to do with an overleveraged piece of shit bank especially when they are neck deep in shit themselves

>>54063961
>1pbtid

>>54063437
We're reaching a point where market being optimistic isn't important anymore. You can be optimistic about a bankrupt business it won't stop being bankrupt

>>54064088
Everyone agrees not bailing out lehman was a mistake. What do you think the reaction will be this time around? PS: bail-outs are illegal since 2010, it's bail-ins only now.

>>54063825
>They've been spending most their lives
>living in the slurpers's paradise!
>They're in the red but still they try,
>living in the slurpers's paradise
>They'll turn profit once they die,
>living in the slurpers's paradise!

>>54063996
I think worst case they can, but it's borderline:
>>54056575
>>54058368

Assume SVB alone is $200b in deposits backed by bonds marked down to, what, $100-$150b? The FDIC has like $125b cash on hand and $100b they can draw from the Treasury...but the Treasury general account itself only has like $175b because of the debt ceiling.

>>54064096
aww shit

Nothing can save us. Our fate is sealed. Doom awaits.

The line go up next week because the bank story is a total nothingburger

>b-b-b-but low-cap tech
Irrelevant

>m-m-m-eleventh largest!
Which is actually really small in the consolidated world of modern banking.

>>54063373
Loomis would be a good bet for mega-rich.

>>54064116
TBLT lfg!

>>54063988
All Cramer memeing aside, JPM won't die. They're a fortress that will likely win big here as they suck up new deposits and customers from all the riskier, small regional banks.

If they *do* collapse, you don't need to worry about your JEPI shares. You need to worry about forming your neighborhood into a militia.

Futures will open slightly red. This will progress to half a percent by midnight. Then it will return to flat after premarket oen. At 8 AM futures will climb into the green. SPY will be up 1% at 9:30AM, at which point the momentum will reverse and fall to -2% by 2PM before closing at -1%. Trade accordingly.

>>54063795
You say that as if people would stop their lifestyle rather than go even more broke

>>54064031
Right now, start a military gear or weapon factory and accept Euro and USD. And/or Medical supplies, especially immediate trauma care, wound closing, antibiotic/sanitization, local pain management and blood replacements and related equipment.

In the long run, fund sustainable fusion processes, and fund them both up and down-sized. Focusing on force-fields should help you immensely. Size matters, so materials sciences. AI will assist greatly now, but you still want humans in the room. Computers are great, until they aren't. They don't see their shortcomings, and if you rely on them alone, they will do something very stupid that doesn't work in human dimensions.

>>54064148
People say that as if militia doesn't need to eat. When apocalyptic scenario comes, you still need money

>>54063825
>Literally one company fucked up and tanked. >It has nothing to do with the market as a whole.

It's obvious that other companies have been swimming naked. Higher interest rates will wipe out weak balance sheets after years of monetary stimulus.

>>54064116
>Thursday
It's fucking over. We're fucking done

>>54063288
Are you going to pull out all your money from banks anon?

https://strawpoll.com/polls/w4nWrojBlyA

>>54063898
He was off twitter for like 2 days

The fucking gall of the elite to coordinate a liquidity crisis during March Madness. I wish Rocker could make a video on this complete and utter arrogance.

Do you think the majority of the startups that SVB financed were fluffy, non-profitable tech businesses? Or legitimate small companies that provided a service?

>>54064116
Hell yeah https://www.youtube.com/watch?v=EQmIBHObtCs

>>54064179
TL;DR: What's happening is not systemic.

SVB's failure isn't really anything to do with the wider banking system. It's almost entirely down to a combination of the risk profile of their customers and bad decision making at the bank itself. Part of their offering was very favourable terms for venture-backed companies. For instance, if you closed a funding round, and banked with them, they'd match it 30% in the form of an interest-only loan. In order to hedge this, their portfolio included US Treasury bonds (which are literally safer than houses) and a bunch of mortgage-backed securities. MBS are not particularly liquid, but T-bonds are very liquid, so they figured they wouldn't have a problem. The Federal Reserve has increased interest rates, which in turn has reduced the price of T-bonds, which meant that if you're forced to sell you'll be taking a loss. SVB ended up having to do this after they got caught short of cash. (If you're wondering what else they were planning to do with the bonds, the answer is "hold them to term to claim the full face value".) They had been planning on being able to use their MBS portfolio to cover some of this, but the values of those had also shrunk and there wasn't liquidity in the market for them to get out. As a public company, SVB has to include things like this on its financial statements, and as it turns out sometimes people actually read those. That kicked off a run, and many investors, including Peter Thiel, started advising their companies to get out of the bank if they could, leading to a run which SVB had no chance of escaping, since with the losses they'd already taken they were almost certainly not going to realise enough cash to satisfy withdrawals if they had to fire-sale everything.

>>54064088
I wouldn't say SIVB was overleveraged. The amount of bonds they had held to maturity plus all their other assets outweighed their liabilities. LEH was doing all kinds of sketchy stuff that made it so their liabilities far outweighed what they were really worth. SIVB just had utter dogshit risk management and thus got margin called due to interest rate risk. I agree on the piece of shit bank piece. No one is going to want to scoop them up now that free money is gone. They did nothing novel in the banking space, they just filled a niche that attracted VCs from more boring (stable) options. Any of the banks could easily set up what SIVB was doing and handle risk far better.

>>54064177
You might want a currency, but that's all available. People will make do.
This isn't Russia, we're not orcs. We're not all atheists. Most of us aren't in fact.

Gandalf, what's the Elvish word for "friend"?

>>54064181
I have been following the banks risk / credit / financial crisis stuff very closely these past months, where it's really been escalating, signs of imminent credit crisis
so I went to the bank in January and tried to withdraw $15K to cash, just so that I would have it in case of financial crisis and credit got frozen / ATMs stopped working
the teller called the manager over, and they started asking me questions about why I was withdrawing it (as they're legally required to under money laundering laws) and I was honest and said that I was worried about there being a financial crisis, and wanted to have the cash as a safety / peace of mind thing, where even if shit hit the fan I would have cash
she did not like that answer at all lmao. Her face scrunched up into a scowl, and she remained scowling for the remainder of the conversation, tried to argue with me, then said she wouldn't give me all the money I was requesting, she could only give me $5K, that I would need to fill out a request form that would take two weeks to process, gave me a huge attitude the remainder of the exchange, made me wait 30 minutes standing at the teller booth, as I was able to watch an entire episode the Simpsons on my phone
I immediately then went to the same bank located 10 minutes away, and the tellers there were super helpful and cashed me the remaining $10K with no problems whatsoever, very fast and were extremely kind
Now that I see everyone around me panicking and trying to withdraw $$$ and being refused, it makes me want to go back and laugh in her face

>>54064205
anon, go on any social media and look at the type of people that are crying for them to be bailed out

>>54064205
I don't know, ever heard of linkedin? How about shopify?

>>54064213
And you think other banks aren't up to their eyeballs in MBS? Nothing was learned from '08.

>>54064243
nice

>>54064255
People who were libertarians a week ago?

>>54064181
I am paying my credit card bills early so if SCHW gets frozen I don't get fucked on interest.

>>54064299
This. SVB was significantly LESS exposed to credit risk than the average bank.

Good morning ser this is ranjeet aphu from microsoft support calling you to not redeem microsoft shares ser. Microsoft is very much safe from silicon valley bank ser, microsoft banks with mumbai capital ser. Bing AI work fine and partnership with durgasoft still strong. Do kindly ser and not redeem monday. Vishnu promise much profits with windows 13.

>>54064213
Well that unique "risk profile" was an inordinate risk. And other companies are also incorrectly positioned for these interest rates. There will be weeks of contagion effects at the minimum.

>>54064317
>people
did you just assume their species?

>>54064205
no they were cryptocunts, SPACs and climate change startups

>>54064104
>Everyone agrees not bailing out lehman was a mistake.
If by "everyone" you mean fucking retards. The Lehman collapse was just what happened to pop the bubble, it inevitably had to be popped.

>>54064334
Exactly. SPACs like crowdstrike and climate change startups like roku.
Dumbfuck.

>>54064255
Look at this thread trending on Twitter, looks like a legit story, right? Middle class family who took a stab at entrepreneurship?

https://twitter.com/lcmichaelides/status/1634654751479541760

It's bullshit. Her and her husband both went to Duke, worked at Mckinsey, and their recently started "company", was a glorified to do list service. I'm serious, look up "Strongsuit"

What value do companies like Roku and Roblox REALLY contribute? Why are they different than every factory that has been closed? Every box store?

>pic related, some Twitter account with a good summary

>>54064328
>contagion
so far every "contagion" chart has been based on Stock Prices in the Financial Sector.
until I see something talking about repayment of loans in other banking sectors outside of Silicon Valley (the place and the bank), this is a local necessary adjustment.

Throw the bums out of office, and stop throwing money at Alphabet.

>>54064373
yeah now name 3 more

>>54064283
Ok, where is the list of people that have significant assets tied up there?

Buttcoin green

That means markets will be green tomorrow. Simple as.

>>54064406
not a comprehensive one that i've seen yet no. just people listing off a few here and there.

>>54064390
when larping libertarian "bootstrap" (((businessmen))) and petit bourgeois yuppies are both screaming for government handouts you know something might be fucked

>>54064331
My mistake. Sorry. We're all different.

>>54064402
>>54064406
Airbnb
DoorDash
Dropbox
Fitbit
HubSpot
LinkedIn
MongoDB
NVIDIA
Palantir
Pinterest
Roku
SpaceX
Square
SurveyMonkey
Tesla
Twitter
Uber
Roblox
Etsy
LendingClub
Vimeo
Just to name a few. Also see
https://growthtrader.io/silicon-valley-bank-customers-list-heres-who-is-exposed/
And let's not forget that clients aren't the only ones affected: clients' clients are also affected, as well as people using services that use the bank for clearing (for example, payroll systems relying on Rippling).

>>54064390
599 or 5.99? Punctuation matters here.

oh, you're bearish?
name every Care Bear

>>54064503
599. It was a meme for whales.

>bitcoin ripping upwards
Bros I thought this was a financial crisis. The risky asset with 0 intrinsic value is rallying.

Maybe.

Just maybe.

All the doomsaying retards were wrong.

>>54064503

>>54063520
That's code for "I'm going to escape to Israel on a cruise ship"

thoughts on FBIN? Normies are sure to buy safes to put their cash in right?

>>54064528
What's happening is that USDC assets were in SVB. USDC is now decorrelating, causing a flight to BTC.

>>54064114
So in other words. Shit is about to hit the fan all over us.

>>54064395
A lot of companies used all kind of accounting shenanigans to beat earnings. There is no "local adjustment" in an inrterconnected banking system. That doesn"t mean everything collapses. Banks have more CET1 on their balance sheets.

>>54064528
I am going to guess everyone that was able to correctly arbitrage USDC/USDT is putting the profits into bhenchod computer. Gotta wait until China wakes up to see if it sticks.

>>54064549
Very doubtful in my opinion, most would just put it in the cookie jar or under the mattress.

>>54064422
Nope, decoupled sorry

>>54064317
Even better. The libertarian founders and VCs, the ones tied to Thiel's Founders Fund, are who bailed early. They kicked off the bank run and made it out with 100% of their money intact.

They could give less of a shit about things because they played the game better than the people whining.

>>54063364
you really gotta wonder why their investments didn't pan out

>>54063520
>>54063762
Norwegian Cruise Lines is going to shed a couple percent this coming week based on the options order book; they are very indebted and have >$5.6B in debt maturing in the next 5 years, at a time where they're losing 2.3B a year. Rising interest rates and continued losses will cook them to death, picrel

>>54064205
enough were squishy enough to create a soggy balance sheet. banks have very little room for bad investments

>>54064390
aren't all cars that are driven used?

>>54064422
is BTC green, or is someone dumping something for BTC

>>54064478
All of those companies, with the exception of LinkedIn, Tesla, and NVIDIA, are complete luxuries.

Where was the bailout for people's homes in 08? Oh that's right, they writing well written sob stories on Twitter.

The system will be fine.

>>54064373
>some of them weren't SPACs and some other them weren't climate change startups therefore you're wrong
Flawless logic. Besides ROKU was retarded for keeping all its money in a basic account instead of MMFs.

SELL REDDIT SELL

>>54064597
>libertarians kicking off a bank run
they will be federally investigated. I guarantee it.

>>54064632
None of them were SPACs. While they were popular with startups, they are even more popular with big companies operating in the area.
Keep backpedaling though.
>basic account
lmao

omg... i'm gonna... HAPPOON

>>54064612
>aren't all cars that are driven used?

Maybe I'm slow this morning, but I'm struggling to find a connection to this philosophical statement... a little help?

>>54064618
Oh boy. What do you make of this?

>>54064555
If you're involved with one of the SVB companies? Yes.

But it looks like no one else is getting sufficiently run on so the FDIC might live to fight another day.

>futures

https://www.youtube.com/watch?v=l80P7WyGkUI

>>54064478
Meh.
Pic Related
>>54064527
I love HR departments!

>>54064528
Or maybe it's just crytofags being retarded as usual

>>54063403
Who's that ? Greg Doomerinno

>>54064687
Puts on the finance sector. Small downturn can easily domino at these levels. We'll see at 11:30 on Monday.

>>54064730
I'm glad Roblox keeps the other 95% of their cash in Robux.

>>54064687
once a car is driven off the lot, it's used. can't really drive around a new car without it becoming used... just joshing

>>54064528
it's pretty clear someone is buying large lots of bitcoin. doesn't necessarily mean much beyond "some individual or group wants bitcoin"

>>54064618
Cotton Schwabs I ain't feeling so good....

true and big

>>54064646
They've liquidated their companies to Bitcoin and are halfway to their secret seastead near Singapore. Motherfuckers always streets ahead.

>>54064528
Cryptotards think their money is safer in BTC than USD, so bank run/collapse fears make them move their dollars in BTC. Because they're retarded.

>>54064783
Ser do not redeem the colon stab

Everyone over the weekend agreed fully that if there was no bailout before market open everything was going to drill to the earth's core. Today Yellen came out and said bailout is not on the table. So now what?

>>54064783
She'll be right, mate: https://www.schwab.com/legal/fdic-insurance

>>54064808
Kek
>nooooo, not the climaterino scamerinos!
>won't someone think of the new environment taxerinos they could have thought oferino?

>>54064783
their leverage ratio is high, but their investments are mostly short-dated securities. *should* be alright; Schwab is pretty conservatively managed. they'll lose a shit ton of money, though, since they make money off the rapidly shrinking spread between their investments and customer deposits.

>>54064811
It's not USD anon, it's USDC. USDC is collapsing because their money was in SVB.

>>54064808
Absolutely fucking love it. This is the end of the ESG investment scam for good, as long as we actually let these losers fail like we should and dont bail this unprofitable trash out with our tax dollars.

>>54064867
You wish. Until blackrock keels over, you're going to see ESG shit triple-downs.

XOMbros, we have to kneel...

>>54064808
Fucking kek, how embarrassing

Despite an overwhelming chance that there will be a major stock market crash across the entire board, I am CONFIDENT that my BOIL EXCHANGE-TRADED FUND will reach new highs again!

You can't put it better

>>54063288
>6 hours till futures open
>3.5 hours for forex
im scared

>>54064928

>>54064847
>>54064867
>>54064918
the planet is literally at stake chuds, and you're laughing
YOU'RE LAUGHING

>>54063332
check the early life section on wikipedia

>>54064886
https://www.reuters.com/business/sustainable-business/vanguards-climate-group-exit-shows-retail-investors-trail-esg-2023-01-12/
>Vanguard Group's decision last month to quit a key climate change coalition underscores how the retail investors who dominate its client base focus less on environmental, social and corporate governance (ESG) priorities than institutional investors.

>>54064867
You're conflating two unrelated things you know.

>>54064811
>Large institutional banks failing
>Sell all computer coins as a result

The absolute state of /biz/

>>54064945
>yfw karl tells you about some ghost pushing people of their bikes in a town near boston

>>54063437
Gambling is a mental illness. This post is proof. You can literally see their mentally ill gambling addicted brains making excuses for their toxic habit right here in real time. Go to a therapist, bro, seriously.

>>54064928
When Nassim the Arab's right, Nassim the Arab's right.

>>54064940
Don't be scared. Just ignore until it turns green. Probability is high.

>tfw entire portfolio is going to absolutely collapse tomorrow and I don't even have any cash left to average down
I have been buying the dip since January 2022 and I'm literally out of cash, this is the end for me, I can't take this anymore.

>>54065032
how have you not taken profit if you've been slurping since jan

>>54064834
A dollar tomorrow is worthless if you need a dime today. If this really is "IT" I was going to use some of that to scoop up a house. If I gotta wait a nebulous amount of time to use that money and miss the second generational bottom it will have all been for nothing. Might as well quit my useless ass tech job and pursue my passion job (janitor).

>>54065064
Take profit? Sorry what is this

>>54064940
>6 hours till futures open
Anon, the CME opens at 5pm CST. That's 6pm EST, or 3.5 hours from now.

>>54064960
>Large institutional banks failing
>SBV alone
pick one retard
>Sell all computer coins as a result
we don't hold buttcoins here, tourist

>>54065064
What profit? The market has been crabbing for a year and a half at this point, I have only ever been a few thousand in the green this entire time. There was no chance to take any profit in the past fucking 16 months.

>>54063816
KPop is based off of white American Boy Bands from the 90s. Backstreet Boys, NSync, New Kids on the Block. Don't let anybody fool you into thinking that Koreans have ever once done anything original or developed some niche genre of music all on their own, they just coopted white american culture and music from the 90s. Youre probably a dumb Zoomer though so have no idea about the history or culture of your own country before it became the shithole it is today.

>>54065074
Buddy, Schwab isn't California Chucklefuck Credit Union and you're under their (SIPC) insurance limits. You're not gonna experience any disruptions.

>>54065074
FDIC insured funds are usually distributed within a week; if it does become an issue, borrow cash using your credit card to pay day-to-day bills and needs until those funds are released. It's not "IT" yet; there's a long way to go before it gets to 2007/8 levels, and even that wasn't "IT"

Reminder, the QT is skewing Treasury Curve.
Yes, they are inversed, because Never Before In US History have 8 trillion in Equities been planned to dump onto the market over the next X amount of months.
This is not a market recession call, it's a recognition that easy returns on cash aren't likely to be found in Stocks until QT is done.

>>54065104
>>54065079
you guys didn't take anything during the feb highs?? if you've been slurping since dec/jan surely you had something worth taking then.

I feel like this whole SVB thing is completely going over the heads of normalfags. There isnt going to be a bank run because they're oblivious.
I mean go and ask your normie friends about SVB, they
a) have probably never heard of it
b) dont care because they dont have any deposits whatsoever
c) think the govt step in and save the day anyways

>>54065113
Korea in general takes the aspects of both japan and america and integrate it as their own. They have no identity of their own. All of their politics reflect the mental illness we face in america as well it's uncanny and disgusting.

>>54065153
I have nothing but increasingly heavy bags

>>54063364
GET WOKE
GO BROKE

>>54065157
the average fuck are living paycheck to paycheck and dont have any concept of saving money let alone anything happening in the economy

>>54065113
I literally talked about those bands in an earlier post NIGGER

>>54065074
SIPC protection on the non-cash value of your account will take longer to pay out, but it'll be <3 months. You should be able to live off the cash in your account alone until then. You will live if shit hits the fan; if you're really concerned, segregate cash from securities, and make sure you have savings spread out across multiple banks

>>54065153
>feb highs
If we're talking SPY, those "highs" were the same "highs" we have been bouncing off of for over a year now, there was nothing to be made there unless you bought every bottom perfectly since January 2022 and even then the gains are lackluster.

>>54065157
Might be >bear copium but it doesn't need to hit normies. It needs to hit normie CFOs. The guys running money for a car dealership who realize they're waaaay over $250k at Cornhole Credit Union and are going to move everything above that into BofA or Chase.

>>54064886
Vanguard bailed out of ESG, probably saw the writing on the wall. What remains to be seen is how bad Blackrock will be caught in a contagion event, if there is one.

>>54064961
>It's not a great wall. It's an alright wall. The alright wall of China.

>>54064951
>>54065219
Good first step. Let's hope the others follow. Wheels can still turn apparently. Meanwhile, here's what the pleb think about the situation.

>>54064951

>>54065219
Blackrock will be fine because they just manage the assets; they're not a traditional bank per se. They have ~$8,600B AUM, but only $118B in Blackrock-owned assets. They can offer ESG products at little risk because they don't have any of their own skin in the game.

>>54065196
>>54065126
>>54065140
Ok I feel a bit better now after reading up on how the WAMU fallout happened. Once the FDIC takes over they liquidate the company until people get their money back. Thanks for snapping me out of it guys.

>>54065262
>MUH SPORTSBALL

Holy fuck normies are so fucking dumb. Just let the fucking banks collapse FFS.

>>54063451
Frick I have a lot of cash parked in Vanguard's money market account. Should I be worried given they were the largest owner of SVIB?

>>54065262
How much SEETH will be had in Smgay when we rally hardcore this week and it marks the bottom of the recession??

>>54063332
>ACK!-man

>>54065278
I love this man

>>54065288
I think that's basically a sponsored entry (based on the lack of XXX tweets or trending label).

Sing it with me serfs

OH SAY CAN YOU SEEEEEEEEEEEEE

SVB will use its assets to pay off 90% of depositors but the bank itself is bust.

>>54065319
Shit is going to hit the fan regardless, this is just them mulling over they will extend a life preserver to their donors or not.

>>54065291
no, kek, Vanguard is so huge they are the top 3 largest owner of most things

>>54065282
How come every single one of you Blackrock schizos always, without fail, generates a post that contains the same pair of buzzwords? Muh blackrock muh esg. Muh blackrock muh esg. I don't even think you're a shill or chatgpt, which is what makes this situation even more sad.

Would (you) bank with a lesbian bank?

>>54065361
2 chicks at the same time?

>>54065347
Very true. They are whispering sweet nothings to the market and the people to buy them time and not have a full on panic. Words like "weigh" are not definitive. They are dragging their feet.

>>54065357
retards like you keep thinking Blackrock is a bank, which they're not. They just bundle and sell you crap; they literally do not care if their shitty ESG products fail because it doesn't hurt them a single bit.

>>54064951
In hindsight, the timing of Vanguard dumping ESG investments is interesting timing giving everything thats happening now. This happened relatively recently, like a week or two ago IIRC- perhaps they saw this shitshow coming and knew it was going to be totally fucked. I wonder how bad they think it could get if they literally just pulled out like a week ago before this shitshow happened. They must know even more than we dont.

>>54065291
Each mutual fund is its own separate company. Some Vanguard mutual funds may have lost a bunch of money on SIVB equity, but that doesn't affect your mutual fund, which only holds money-market assets.

>>54065357
Not our fault your financially illiterate and would rather follow Marvel movies than follow the news.
Fuck off, tranny.

>>54065373
That's it? If you had a million dollars in an account at SVB, you'd do two chicks at the same time?

>>54065361
>>54065232
>>54063364

Man who knew that forcing unnatural ideology and politics is inherently unstable and could never integrate with reality and nature.

>>54065361
SVIB as a concept seems like it would have been a terrible long term investment especially considering like 99% tech startups don't turn a profit and coast on low interest rates and speculation. I know hindsight is 20/20 but I can't imagine a time in my life when I would have considered buying SIVB, or if I were a business, banking with them. It really makes me question the intelligence of many of these institutions who were long SIVB.

>>54065361
i like lesbian porn desu

>>54065361
She cute. I'd bail her out if you know what I mean.

>>54065494
>dickinpoo

pigs get slaughtered
https://www.youtube.com/watch?v=PGqB6JIUzBo

>>54065361
depends.. is it a lesbian banker or a banker who is a lesbian?

nonstop doomposting is classic weekend /smg/. inverse sentiment is the play

>>54065474

>>54064478
I do business with some of those companies!

>current bull cope:
>literally just everyone's bearish, so imma be le contrarion

>open /smg/
>everyone's euphorically bullish
>it's a nothingburger
>/biz/ strawpolls say only 1/2 will do a bank run, never mind the vast majority of normies who never read financial news and will be oblivious to this happening
>same on boomer media

Yeah, it's over. Big red weekly dildos till fed pause in the summer. That's what fundamentals/technicals/macros/news says. And it also happens to be the actual contrarion view.

These girls are such stupid bitches.

>>54064822

A bailout or “return to normalcy” is already priced in. Not a single -2% down day in the SPX last week. No fear other than the VIX pricing to somewhat fair value (relative to the MOVE index). What’s not coming back is the February euphoria. Faggots who sell volatility or don’t believe in hedges will get blown up now, so don’t expect the VIX to Fo down anytime soon. And next week is opex so you can bet there is going to be demand for VIX calls. Flows don’t get supportive h til a week after 3/17, and that’s IF things calm down. And equities get a vix crush vanna relief rally.

>>54065485
*lesbian desi porn

>>54065535
You let me know how that turns out this week

>>54065064
Aren't you meant to hold? If you sell how do you know when it's time to get back in?

Lol what the fuck just happened with Bitcoin? Will the markets follow?

>futures

>>54065557
interdasting

>>54065578
See
>>54065319

>>54065557
the funny thing is VIX can be infinite even if the market is completely flat
which is what probably will happen, and anyone with a directional play or anyone short vol will get murdered

>bonds

>>54063373
$GME

>>54065480
Their stock did very well during the post GFC's hot tech IPO market. They were positioned to cater to that new niche while the other banks were still shitting the bed filling the holes their defaulted MBS left.

>>54065635
Did she died?

>>54065113
they figured out how to dance to dubstep and grew it into a massive money making industry
Remember 12 years ago when everyone was saying dubstep was good but it's not danceable?
Watch early bts videos.

>>54063288
We are going to have a face melting rally Monday when globohomo fags in DC step in and save these toxic banks.

>>54065666
You should know, Satan.

>>54065666
hopefully, satan

>>54065572
>>54065200
my autism strategies have been working pretty well for swinging. the longest i hold shit is a few weeks.

>>54065666
I hope so. t. kazakhstani

>>54065666
>she

>>54065568
noooo!!! not the decade graph predicting tomorrow's red day!! AAaaaahhhhhHHHH

Fuck farmers and fuck Daylight Saving Time.

>>54065675
Do zoomers really?

Moral of the story from all of this is, if you're going to park your money with a non-SIB bank, make sure that bank handles deposits of billionaires and VCs. If shit goes tits up, you will more than likely get bailed out.

>>54065635
>tfw bonds
>tfw stocks
>tfw crypto
>tfw cash
>tfw real estate
>tfw precious metals

>>54065319
Yeah it's annoying to watch people who made a ton of bank in tech have people come and save them, I get it.

As far as I can tell, this just gives them immediate relief until FDIC can get SVB's funds loose from their investments. I wonder if the 'relief' will get paid back once the companies get their funds. Watch, most will pocket the relief.

>>54063544
I had a dream about growing to 6’5. Could happen bros

>>54065701
Also the correlation has been sustained since March 2022 and nothing has happened yet.

>>54065578

Looks like some big boys got caught offsides and are desperately gonna try to get futures to bid up by pumping Bitcoin so they can offload tomorrow on a rally attempt

Shit is so manipulated, and it’s ironic because cryptofaggots don’t know so many of the the “whales” are actually big hedge funds/MMs who manipulate it up/down

>>54065550
Naaahhh man..


Fed is going to rescue the market. QE is here. Liquidity is here. We going up. I was bear a few weeks ago, but as soon as we bottom i will become bullish.. Be on the right side of the history.

>>54065666
Checked Satan's digits. And yes, she did unrionically, you can google it.

>>54064390
>>54064527
>>54064531
Christ in heaven, she deserves everything that happens to her. Her kids don't, it's not their fault mommy wanted to play executive instead being a mother and ruined their family financially. At least dad will be able to put food on the table

>>54065733
Have you done your height exercises?

>>54064572
My mom literally put $500 in the freezer once. I told her the gun safe would be sufficient but she ignored me. Women.

>>54065845
What don't you understand about cold, hard cash you fucking retard?

>>54065766
you're retarded

>>54065873
Bad idea. Because then you have to wait for it to melt to become liquid.

>>54064948
No one has even proved that higher temperatures are even a bad thing.

>>54065776
Wait until CPI comes in hot on Tuesday. The markets are going absolutely shit themselves. This will be the day that marks the day the markets start to price in "stagflation".

>>54065140
This is my personal and uneducated opinion but I think that the measures taken to prevent 08 from being worse than it was will have contributed to this round being worse.

>>54065913
CPI is coming down.

>>54065892

Buttcoin has a mcap of like 600 billion, either you’re a clown who is a “believer” in it or some butthurt perma bull faggot. And you must have an IQ of 90 if you don’t think futures get manipulated/pumped/dumped for reasons like that.

Do you think it’s a coincidence that last week GS upgraded AAPL literally the day of the top? When it was literally more overpriced than at its ATH with 0% rates? They did it to offload shares onto (you)

>>54065873
>>54065897
Got damn it, I lost. 10/10 to you both.

>>54065494
>#metoo's you
nothing personel kid

>>54065917
maybe, but in any case, we don't know when this round will really kick off. markets adapt quickly, and the same indicators that preceded the GFC won't work as well now. figures like unemployment are still at 50 year lows

>>54065977
There's a couple people in here who are retarded perma-bulls. Like next level delusional.

>>54066083
>>54066083
>>54066083
new
>>54066083
>>54066083
>>54066083
new

>>54066124
>>54066124
>>54066124

>>54066124
>>54066124
>>54066124

>>54066088
>>54066134
announce bake next time fags

>>54066148
Baking.

>>54064116
>We're gonna get rugged by FDX again

>>54065776
While mumu breathes, there is no bottom.

>>54064116
Uulwi ifis halahs gag erh'ongg w'ssh.
https://www.wowhead.com/wotlk/sound=15761/ur-yoggsaron-death01

>>54063455
>Meta
wtf, bro
how can you say you’re bullish about the metaverse with a straight face

>>54064478
I didn’t see most of those companies on the list.
Where’d you get that list of companies from?

>>54064635
kek
gets me every time

>>54064783
schwab is a hidden fortress

>>54064808
>>54064867
The SVB auction is this afternoon.
Today we’ll see the true fair market value of ESG and diversity funding.
>inb4 literally zero bids

I don't get how anyone could be short term bullish at this point. They raise rates we go down, they tighten we go down because something broke. What's the bullish cope this time?