BNKU News and Press, MicroSectors U.S. Big Banks Index 3X Lev From 03/20/23

2023-03-20 09:00:00 ET Summary The Fed's balance sheet will be getting much larger. Europe faces a serious inflation problem. Global markets did not "seize up" this week. It is commonly believed that the "Great Financial Crisis" could have been avoided had the Federa...

2023-03-19 08:21:00 ET Summary The first thing we should emphasize is that the Silicon Valley Bank saga is not, as far as any of the evidence to date suggests, the tip of an iceberg of systemic risk throughout the banking system. Credit Suisse is plugged into the global financial ...

2023-03-19 05:47:00 ET Summary As expected, the sudden failure of SVB rattled global capital markets. Over the past week, investors dramatically changed their expectations of future Fed actions. It remains to be seen how badly the overall economy will be damaged by recent even...

2023-03-19 05:41:00 ET Summary Idiosyncratic factors certainly played a role in SVB’s failure and the recent turmoil we’re seeing in US regional banks as well as overseas at Credit Suisse. CS is a much larger and more economically critical bank than SVB, with signifi...

2023-03-19 03:58:00 ET Summary The media, Congress, and others are blaming bank supervisors, deregulation, and previous administrations in an effort to assign responsibility for the collapse and subsequent fallout from the demise of Silicon Valley Bank and Signature Bank. While cr...

2023-03-18 10:35:44 ET Gainers: Graniteshares Coinbase 1.5X daily ETF ( CONL ) +65% . Microsectors Gold Miners 3X ETN ( GDXU ) +37% . Proshares Bitcoin Stratefy ETF ( BITO ) +36% . Vaneck ETF Trsust Vaneck Bitcoin Strategy ( XBTF ) +35% . ...

2023-03-18 09:44:00 ET Summary Just over a week ago, a materially more hawkish narrative from FED Chair Powell at his Congressional Testimony had convinced financial markets that the Fed could revert to a 50 basis point hike in March. However, a wild week of volatility marked by t...

2023-03-18 09:33:00 ET Summary In a simple and elegant way, the large banks may have found a way to restore confidence in the U.S. banking system. In total, the banks will deposit $30 billion in First Republic, with an initial term of 120 days at prevailing market rates. The b...

2023-03-18 09:22:17 ET Summary The Fed, Treasury and FDIC Chairmen put out a joint statement that all depositors would be made whole at the failed Silicon Valley and Signature Banks. The Fed will make available additional funding for eligible depository institutions to assure abil...

2023-03-17 18:44:00 ET Summary Fighting high inflation is tough enough, but Fed has been trying to tame pricing pressure when the economy is showing signs of weakening, at least in some corners. The central bank normally eases monetary policy and cuts interest rates when economic ...