SVB’s Implosion Gets Wall Street Talking: Cuban, Ackman, Chanos, Burry, Schiff And Krugman Respond
The collapse of Silicon Valley Bank, which is held by SVB Financial Group (NASDAQ: SIVB) has sent shock waves across the markets.
Cannabis Industry Woes: It’s Not Just Skymint, Another 4 Michigan Weed Companies Now In Receivership
Michigan's Skymint is not the only cannabis operator under the control of a receiver, according to Crain’s Detroit Business. At least another four marijuana companies are in receivership.
3 Economists React To February Jobs Report: 50-Basis-Point Interest Rate Hike ‘Still On The Table’ For Fed
U.S. payrolls soared by 311,000 in February, maintaining a strong pace despite recent interest rate hikes aimed at dampening demand.
US Stocks Poised To Open Lower After Thursday’s Plunge: Can Jobs Data Help Reverse Sentiment?
Trading in the U.S. index futures suggests stocks could extend their sell-off on Friday, although the jobs report due ahead of the market open could change the entire complexion depending on how the numbers shape up.
Cues From Thursday’s Trading:
Will CBDCs Kill Bitcoin Like Fed’s Powell Says? Here’s Why They Might Actually Pump It Up Further
Jerome Powell's recent comments on cryptocurrency have caused a stir, with the Federal Reserve Chair suggesting they could become worthless if the U.S. introduces its own central bank digital currency. How true is this? Let’s break it down.
