Market Review and Trends
Things can turn bad fast | My thoughts on what is happening so far
By Singaporean Talks Money  •  March 19, 2023
I am sure you would be aware of what has been going on these few days or from last week, from Silicon Valley Bank facing difficulties to cover withdrawals due to how they manage the deposits and failing to meet the withdrawals to Signature Bank collapsing and other regional banks like First Republic facing huge amount of withdrawals as fear spread after the news of SVB and depositers worrying about their capital. This week, we saw Credit Suisse a global systemically important bank (G-SIBs) facing difficulties as large amounts have been withdrawn from the bank and it's biggest investor saying that they will not be buying more shares as they do not want to be holding more than 10% as it is a regulatory issue which sent their share price on a downward trend. Last year, Credit Suisse did show some warning signs regarding their liquidity issues as they saw huge amount of outflows however following the SVB and other...
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By Singaporean Talks Money
I am currently a 23 year old university student in SIM. I hope to be able to grow my money and see the power of compound interest. I became interested in investing when I took a gap year and worked full-time. I realized that by just saving, it was very difficult to achieve my financial goals hence i read up on investing.

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