BREAKING: Silicon Valley Bank stocks plummets 50% pre-market!! Equity Markets Carshing - BLACK FRIDAY

not good

LIVE: [link to www.youtube.com (secure)]

They can't "build back better" until they raze it all to the ground.

Futures Tumble As SVB Implosion Spark Global Banking Turmoil; Payrolls Loom

[link to www.zerohedge.com (secure)]

Glad someone finally made a thread.

Jim Cramer recommended SVB stock a month ago.

https://twitter.com/_/status/1634039856924860416

[link to mobile.twitter.com (secure)]

also.. looknerd has been live over 2 hours on this.


[link to www.youtube.com (secure)]

Not only will the seeming bank run have direct contagion on some other small banks, but it will cause further retrenchment in the venture capital space generally for many months.

This means more startup companies won’t survive and hence there must be a write-down in values of private market portfolios. That impacts funds and banks everywhere, prompting further deleveraging.

The tech-sector will be an obvious first-instinct victim of this risk-aversion. It doesn’t help that US tech stocks remain very expensive despite the backdrop of rising yields.

[link to www.zerohedge.com (secure)]

Jim Cramer is the countertrader of a lifetime. Absolutely no shame.

It's an economic Hall of Cost.

SVB trading has been halted.

I just noticed there were 3 threads on this yesterday, I missed them.

to watch for more info

That guy talks like he has marbles in his mouth all slurring his speech. Why would anyone trust a guy like that?

Also we know the crash has been coming for a few years now, anyone else feel like they are done waiting for shit to happen? Lets go!

Beware the Ides of March.

Cramer is nuts. He's had so many fails I am shocked he still has a network job.

Personally I am not tired of waiting for shit to happen so badly that I HOPE for it. lol..

I can only imagine those with nothing to lose hope for that kind of thing. Do you have kids?

This is the 18th largest bank and would be the 2nd biggest bank failing in the US.

I’ll bet he’s making over $20 million per year from that job too.

Not sure how up to date this is.

Cramer is paid $5 million per year as the host of “Mad Money” on CNBC

[link to traderlion.com (secure)]

Nail in the coffin for the markets.
No FED bailout.

https://twitter.com/_/status/1634187884625272833

all bank balances in the west will become shares in the bank in 3....2....1

Bipity, bopity

CNBC says bailout talks for SVB fails. Bank up for sale.

Attempts to raise funds have apparently failed.

If so, they'll have to sell it.

Another nail.. Another fail.

https://twitter.com/_/status/1634193312885121026

[link to twitter.com (secure)]

I wish.

I'm not suicidal but I hope this market craters and inflation goes through the roof.

Rumor has it that credit unions will lose their tax-exempt status and when that happens they will all crash

Not showing up in Futures yet.

[link to finviz.com (secure)]

Equities gap down on open.

First Republic Bank.. trading halted.

Bank stocks getting hammered