- SVB’s collapse is not a harbinger of another 2008 (ft)
- Silicon Valley Bank: A major bank failed. Here’s why it’s not 2008 again. (usatoday)
- Just like that: Market pricing swings back to quarter-point Fed rate hike (cnbc)
- Meta plans new job cuts that could match 2022 tally of 11,000: report (nypost)
- Mark Zuckerberg’s Meta exploring plans to launch Twitter rival (nypost)
- Cheap deposits have become a painful pandemic hangover for US banks (ft)
- Li Qiang becomes China’s premier, tasked with reviving economy (cnbc)
- From wooing Tesla to Xi’s right-hand man: Li Qiang’s road to China’s premiership (ft)
- Carl Icahn, “You have to buy things where the rest of the world is looking at you and thinking you’re a little bit crazy. You’re going against the trend. A lot of times, events are overblown. Overblown on the good side, overblown on the bad side.” (businessinsider)
- “Importantly, we don’t believe this is anything like 2008-09. The largest and most systematically important banks have been heavily regulated and stress tested for years. However, to me this is a warning to the Fed about the impacts on a forward basis that their aggressive rate hikes are having.” (businessinsider)
- Falling Survey-Response Rates Undermine Economic Data (wsj)
- What’s Going on With Silicon Valley Bank? (wsj)
- 2024 Ferrari Purosangue: A Touring Wagon That Howls (wsj)
- SVB’s failure could be the thing that keeps the Fed from wrecking the economy, Cramer says (cnbc)
- 31% of new cars sold for above sticker price last month. These 10 models have the biggest premiums (cnbc)
- 106-year-old and 103-year-old sisters share longevity tips: ‘Be happy, be healthy, and have love in your life’ (cnbc)
- U.S. Employers Keep Hiring, but Signs of Easing Are Seen (nytimes)
- Yellen Says Bank System Remains Resilient in Wake of SVB Failure (bloomberg)
- Blue Chip Classic Car Prices Soften at Amelia Island Auctions (bloomberg)
- Liquefied natural gas will continue to lead growth in U.S. natural gas exports (eia)
- Is Amazon Stock a Buy After Stores Set to Close? (morningstar)
- 3 Undervalued, High-Quality Cyclical Stocks (morningstar)
- 25 Golden Rules for Investing by Peter Lynch (dgi)
- Wharton professor Jeremy Siegel says the Fed’s rate hikes and ‘monomaniacal’ focus on the labor market are ‘misguided’: ‘Workers are way behind’ (fortune)
- Alibaba targets South Korean market with $75.7 million investment in 2023 (technode)
- We found the ‘missing workers’ (planetmoney)
- Swap and credit spreads say no recession (scottgrannis)
