BNKU News and Press, MicroSectors U.S. Big Banks Index 3X Lev From 03/16/23

2023-03-16 05:05:00 ET Summary Over the past week, investors have had to digest U.S. banking failures and the threatened collapse of a major European bank. This stress has finally underscored the tensions between global central banks’ efforts to tame inflation and growing c...

2023-03-16 01:24:00 ET Summary The crisis has broader macroeconomic implications and serves as a potent reminder that the banking system, asset markets, and the broader economy are all intrinsically linked via interest rates. Recession risks have increased because of the likelihoo...

2023-03-16 00:19:00 ET Summary Runs on banks happen regularly, but this time recent events have sent reverberations across financial markets. We should expect increased regulation and oversight globally. The startup-company niche clientele of SVB must rethink its approach to b...

2023-03-15 22:25:00 ET Summary The failure of Silicon Valley Bank, along with Silvergate Bank and the Signature Bank of New York, has created what is possibly an inflection point in the bond markets. The effect on the fixed-income markets has been nothing short of astonishing. ...

2023-03-15 11:30:00 ET Summary All over the world, people are moving cash out of low-yielding bank accounts and into higher-yielding deposits. Shareholder equity and retained earnings (tier-one capital) are the primary funding source for banks. Losses in the sector manifest in...

2023-03-14 09:35:09 ET Summary The rapid rise in interest rates has been cheered on with little thought given to the consequences. The stress on a number of smaller US banks at the moment is the outcome of 13 years of loose monetary policy, followed by an extremely rapid tightenin...

2023-03-14 09:05:00 ET Summary The collapse of Silicon Valley Bank has raised concerns about the vulnerabilities in the US financial system. While SVB is not Lehman Brothers and its collapse is not likely to trigger a financial crisis, it has highlighted some vulnerabilities that ...

2023-03-14 07:50:06 ET Summary Unlike the 2008 financial crisis which was mostly a credit event, the 2023 problems are mainly a duration/liquidity problem. There are parallels to the 2019 repo rate spike. The Fed is likely getting close to the bottom of their QT and bank reser...

2023-03-14 05:20:00 ET Summary One sensible thing might be to simply agree that no one knows and therefore let's be elsewhere. Another is to try and understand the basic problem here, the base economic background. With that we might be able to find out who is oversold and who ...

2023-03-13 15:35:00 ET Summary One of the themes I’ve been discussing lately is how inflation risk has been evolving into credit risk. The banking bust we’re seeing now was sown during COVID. The COVID boom was the inevitable blow off top of the prior 10-year bull ma...