, extending its two-day dive to as much as 87%, with several venture capital firms advising their portfolio companies to pull money from the bank., and regional lenders like First Republic, Signature Bank and PacWest are also plunging.
"Within the next couple of months, as the contagion brews up this channel — up to high yield, leveraged loans, across the entire ecosystem — that's when the Feds gonna have to bring out the other firehose and cut rates, probably within six to nine months," McDonald said.
Prepare for stagflation.
Guess they will agree to pay higher taxes than losing all their money. FED cares nothing about couple of software companies' CxE's deposits. FED can print trillions in a split of second anytime they want.
'There's a storm a comin'.
韭菜割过了头，割到了自己的手…
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