Friday’s links

  1. StanChart chief says Fed’s SVB deposit guarantee a ‘moral hazard’ – FT
  2. Star-Led Hedge Funds Hit by Steep Losses so far in 2023 – Bloomberg
  3. Fed officials double down on rate rise decision citing high inflation – FT
  4. Yellen Says US Prepared for Additional Deposit Actions If Needed – Bloomberg
  5. Banks Aren’t Busting the Economy, Politics Is Busting Banks – WSJ Opinion
  6. The U.S. Is Scaring Off Foreign Investors – Barron’s
  7. American banks face a looming credit risk – FT Opinion
  8. Companies Big and Small Lose Access to Credit Amid Bank Stress – WSJ

Wednesday’s links

  1. Decision day: Fed Caught Between Inflation and Bank Crisis – Bloomberg
  2. Fed set for pivotal decision on interest rates amid bank turmoil – FT
  3. A New Chapter of Capitalism Emerges From the Banking Crisis – Bloomberg Opinion
  4. The Bank Turmoil Isn’t Over. What It Means for the Fed Looking Forward – Barron’s
  5. First Republic Rescue May Rely on US Backing to Reach a Deal – Bloomberg
  6. UK inflation jumps unexpectedly to 10.4% in February – FT
  7. Central banks are too powerful and they’re to blame for inflation – Fortune *
  8. The Battle for the Treasury Market – Concoda *
  9. Too Small to Not Fail: Short History of the World – Danielle DiMartino Booth *

*  Also appears on the Recommended Articles tab

Monday’s links

  1. Six major central banks announce USD liquidity measures to ease crisis – FT
  2. UBS to Buy Credit Suisse in $3.3 Billion Deal to End Crisis – Bloomberg
  3. Fall of Credit Suisse shows more work is needed on bank risk – FT Opinion
  4. First Republic Bank Looms Large for U.S. Regulators After Credit Suisse Sale – WSJ
  5. Careless Supervision Sank SVB – Lawrence Lindsey via WSJ Opinion
  6. Emergency Banking Measures Are Not Calming Markets – Barron’s
  7. Gold Tops $2,000 for First Time in a Year as Bank Fears Continue – Bloomberg
  8. Federal Reserve Faces Tough Decision on Rate Increase – WSJ

Thursday’s links

  1. Credit Suisse to borrow up to $54bn from Swiss central bank – FT
  2. Why Washington Chose to Rescue SVB & Signature Bank – WSJ
  3. European regulators criticise US ‘incompetence’ over SVB collapse – FT
  4. How SVB Triggered Credit Suisse’s Latest Mess – Barron’s
  5. ECB Delivers 50 bp Hike But Gives No Signs on Next Move – Bloomberg
  6. Fed’s new bind: taming inflation & preventing financial mayhem – Barron’s
  7. Preventing and responding to dysfunction in core markets – Dallas Fed *

*  Also appears on the Recommended Articles tab

Wednesday’s links

  1. The bailout blues – FT Unhedged
  2. Credit Suisse Ignites Global Market Rout as Banking Fears Return – Bloomberg
  3. Fed’s New Loan Program Appears to Favor SVB Over Other Regional Banks – Barron’s
  4. Soaring bond-market volatility makes it difficult to value stocks – MarketWatch
  5. BlackRock CEO raises spectre of ‘slow rolling crisis’ after SVB failure – FT
  6. A looming game of chicken on US debt – FT Opinion
  7. Lessons from the disaster engulfing Silvergate Capital – Frances Coppola *

*  Also appears on the Recommended Articles tab

Tuesday’s links

  1. Ken Griffin: US capitalism is ‘breaking down before our eyes’ – FT
  2. New Banking Crisis Calls Fed Interest Rate Path Into Question – WSJ
  3. Was This a Bailout? Skeptics Descend on Silicon Valley Bank Response – NYT
  4. Will another bank fall? And have rates gone mad? – FT Unhedged
  5. Traders Worldwide Herald End to Rate Hikes After US Bank Run – Bloomberg
  6. Banking Crisis Powers Historic Bond Rally – WSJ
  7. ‘QE By Another Name’: New Bank Backstop Means End of QT – Bloomberg

Monday’s links

  1. Fed, Treasury, FDIC roll out emergency measures to protect depositors – WSJ
  2. Fed announces new lending facility to provide extra funding – FT
  3. The Silicon Valley Bank Bailout – WSJ Opinion
  4. Fed’s New Backstop Shields Banks From Billions in Losses – Bloomberg
  5. Elevated bond yields are revealing some nasty surprises – Bloomberg Opinion
  6. How Silicon Valley Turned on Silicon Valley Bank – WSJ
  7. Bank-Rescue Doubts Persist as Other Bank Shares Plummet – Bloomberg
  8. Hidden to Market – Fed Guy *

*  Also appears on the Recommended Articles tab

Wednesday’s links

  1. The EU’s future in a world of deep disorder – Martin Wolf via FT Opinion
  2. Investors Bet Europe’s Inflation Will Match US, As During Financial Crisis – Bloomberg
  3. U.S. and China Plunge Further Into a Spiral of Hostility – WSJ
  4. Deepest Bond Yield Inversion Since Volcker Suggests Hard Landing – Bloomberg
  5. An Offshore Oil Rebound Is Under Way – Barron’s
  6. Traders Burned by Stock Losses Are Pouring Billions Into Credit – Bloomberg
  7. Fed is now on right track to price stability – FT Opinion

Tuesday’s links

  1. Roubini Fears Hard Landing Amid Persistent Global Inflation – Bloomberg
  2. China FM warns of potential for conflict with US and hails Russia ties – Guardian
  3. Biden Eyes Tax Hike on Income Over $400,000 to Fund Medicare – Bloomberg
  4. Powell warns Fed is prepared to return to bigger interest rate rises – FT
  5. Debt Ceiling Is the Risk Wall Street Doesn’t Want to Think About – Bloomberg
  6. Why the Federal Reserve Won’t Commit – NY Times
  7. US Housing Market Hits a Turning Point With Home Prices Falling – Barron’s