Items that may only interest or educate me …. Canadian CPI and sales stats, US interest rate hike, Global central bank hikes, Credit Suisse, Global banking issues, Another online investing app … Statistics Canada’s February Consumer Price Index report showed Canada’s annual inflation rate fell to 5.2% in February, down from January’s 5.9%. February’s rate […]
Tag: SIVB
Weekly Update for the week ending March 17, 2023
Items that may only interest or educate me …. Breaking banks, Deposit insurance, US economic news, European interest rate hike, dividends are a good thing … The US Federal Reserve (Fed) raised interest rates at the fastest pace in years. Last week the financial system cracked with the sudden and unexpected failures of the Silicon […]
48 hours: The Demise of a Bank
The markets were roiled the week ending March 10 by the collapse of the SVB Financial Group (NASD:SIVB), the banker to more than half of the US technology and healthcare startups. The fall of SIVB not only reverberated though the US financial sector but rippled throughout global markets, banking stocks in particular. SIVB was the […]