Minding Your Money – March 9, 2023

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Stock Market Crash Alert: Mark Your Calendars for March 10

Stock Market Crash Worries Rise Alongside Projections of Higher Unemployment

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Bank Run happening today at the largest bank in Silicon Valley — one of the largest banks in the US overall! 🚨👀🚨

Silicon Valley is turning on its bank

https://www.msn.com/en-us/money/other/silicon-valley-is-turning-on-its-bank/ar-AA18rdW3

Venture firms are advising portfolio companies to move money out of SVB

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JPMorgan x Jamie Dimon x Epstein comms! 💣👀💣

JPMorgan must hand over CEO Dimon’s records in Jeffrey Epstein lawsuit

https://share.newsbreak.com/39llyj8k

JPMorgan sues ex-exec Jes Staley over Jeffrey Epstein ties

https://nypost.com/2023/03/09/jpmorgan-sues-ex-exec-jes-staley-over-jeffrey-epstein-ties/

@drue86

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“Former President Donald Trump & may be the future President,” -avatar pedo Joe 😂🤣😝

@drue86

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More pedo joe docs! 🍊👀🍊

Biden’s Boston attorney’s office yields 9 boxes of docs to be reviewed by National Archives for classified materials

https://thepostmillennial.com/bidens-boston-attorneys-office-yields-9-boxes-of-docs-to-be-reviewed-by-national-archives-for-classified-materials

@drue86

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“Twitter, Facebook, Google, and other companies developed a formal system for taking in moderation requests from every corner of government, from the FBI, DHS, HHS, DOD, the Global Engagement Center at State, even the CIA.  For every government agency scanning Twitter, there were perhaps twenty quasi-private entities doing the same thing.” -Matt Taibbi (opening statement on the Twitter Files and the censorship industrial complex)

Matt Taibbi Drops Another Twitter Files Ahead of Testimony to Congress: The Censorship-Industrial Complex

https://tinyurl.com/3rk9bdvf

Dems Blast “Threat” Of “So-Called Journalists” As Taibbi, Shellenberger Expose “State-Sponsored Thought-Policing”

https://tinyurl.com/224vxjar

NEW TWITTER FILES — I lost count Number 18?

👇🏽

Statement to Congress

THE CENSORSHIP-INDUSTRIAL COMPLEX

@drue86

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The Moment of Truth is HERE. Rude Awakening Wake Up Call. 💣👀💣

Silvergate has collapsed

https://www.msn.com/en-us/money/other/silvergate-has-collapsed/ar-AA18nVfs

Credit Suisse Plunges 12% as Concerns of Going Bankrupt Spike

Crypto Market Crash Might Get Worst In Coming Days – Here’s Why

https://coinpedia.org/news/crypto-market-crash-might-get-worst-in-coming-days-heres-why/

TIMBERRRR for Evergrande & everything behind it. 👇🏽

Embattled Billionaire Hui Ka Yan Can’t Reach A Deal With Evergrande’s International Creditors

https://www.forbes.com/sites/ywang/2023/03/09/embattled-billionaire-hui-ka-yan-cant-reach-a-deal-with-evergrandes-international-creditors/

@drue86

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Richard Citizen Journalist talks about what’s happening at Chase! 💥👀💥

@drue86

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ISO 20022: What Banks Need to Know About Delays and Opportunities💡

ISO 20022 may be delayed in its global rollout, but that doesn’t mean banks can afford to put off or ignore upgrading their payments systems to meet this new messaging standard.

Broadly speaking, ISO 20022 is a global standard for electronic messaging between financial institutions and was initially created to give the financial industry a common platform for sending and receiving data about payments.

HT Orginal Cold War Patriot

AKA American Patriot

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Look at the 6% 💥

S&P 500 closes 1.8% lower as bank stocks succumb to pressure, Dow sheds more than 500 points: Live updates

Stocks tumbled Thursday as banks and other financial stocks sold off, and investors braced for a key payroll report Friday that could shape the direction of interest rates.

The S&P 500 slid 1.85% to end at 3,918.32, while the Dow Jones Industrial Average dove 543.54 points, or 1.66%, to settle at 32,254.86. The Nasdaq Composite shed 2.05% to finish at 11,338.35.

Thursday’s losses brought the Dow to close below its 200-day moving average for the first time since Nov. 9. For the week and year, the 30-stock index is down 3.4% and 2.7%, respectively. Both the S&P and Nasdaq are up 2.05% and 8.33% in 2023, respectively, but on track for weekly losses of 3% or more.

SVB Financial cratered 60% after announcing a $1.75 billion stock sale, pushing its market capitalization to a little over $6 billion and dragging down other regional bank names. Silvergate shares plummeted more than 42% on news that it’s shutting down operations.

The losses pushed the S&P financial sector down 4.1% for its worst day since June 2020. Financial bellwethers Bank of America and Wells Fargo also took a hit, tumbling more than 6% each.

https://www.cnbc.com/2023/03/08/stock-market-today-live-updates.html

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