Silicon Valley Bank (UK)

[AtW]

You appear to advocate risk without repercussion.

Depositors (especially wealthy who can move lots of money abroad) into regulated banks should have no risk - owners of bank, managers, those who lend money to bank - yes, lots of risk.

[mogga71]

Depositors (especially wealthy who can move lots of money abroad) into regulated banks should have no risk - owners of bank, managers, those who lend money to bank - yes, lots of risk.

Todays news from America is massive. First sign of trouble and the Fed folds. This is going to have a massive impact on the future Fed decisions on rate rises. They will halt them soon and come up with any excuse so that they can pivot.

Basically this has proven that it's impossible to raise rates without breaking the entire financial system....meaning we won't be able to get inflation under control but that plays second fiddle when faced with a potential bank crisis.

Peter Schiff called it spot on years ago. The Fed is trapped ... there is literally no way out. Hyperinflation here we come.

Time to start buying risk on assets as if there is no tomorrow.

[AtW]

Rates will keep going up - they are almost where they should be, need to be 5-6% level and it’s job done.