Source: https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A7041782032154181632
#Swiss #Bank #Credit #Suisse Crisis Unrelated to #SiliconValleyBank Failure: https://lnkd.in/gWEnSyXi : Whether the Credit Suisse’s ‘Crisis’ Getting Worse Over the Last Few Months since 2022 is Contained or Not is Up For Debate: https://lnkd.in/ghxa2zC6 : Bloomberg Credit Suisse Default Swaps Show Bank Risks as ECB Raises Interest Rate
: https://lnkd.in/gwdUSPqA : Credit Suisse Stock Craters To Record Low, Europe Banks Retreat, Weakness Spills To U.S.
https://lnkd.in/ghxa2zC6 .
There is no doubt, however, that Credit Suisse’s Crisis Getting Worse Over the Last Few Months since 2022 long before the last week’s #SiliconValleyBank Failure has nothing to do with #SVB: as known to those who have been monitoring Credit Suisse long before since 2022 when Credit Suisse stock started making record lows: Bloomberg: https://lnkd.in/giqfXQ55 .
Hence, those on global #media and #socialmedia channels calling #CreditSuisse as another US Bank Failure [e.g. https://lnkd.in/gTcwABPh : Credit Suisse is NOT a US Bank] and-or implying #Contagion [e.g. https://lnkd.in/gA2wtvWw : see Bloomberg chronology of Credit Suisse events, for instance, to get a real clue about the temporal sequence of #Cause and #Effect, if any : https://lnkd.in/giqfXQ55%5D are part of the #Fearmongering #FUD ‘#influencer’ crowd https://lnkd.in/dSEUTFGc : trying to sway the US #Financial #Regulators or they are totally clueless about #Financial #Markets or likely both!
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