Credit Suisse 5Y CDS exploded higher to 766bps, pricing in a probability of default of 47%, stock plunges 30%. The Saudis have said they won’t invest. Credit Suisse failure would be 5x SVB

CS is about to not be fine Credit Suisse’s top shareholder rules out providing more financial assistance to the struggling Swiss bank, citing regulatory issues https://t.co/sqjJiRF6mF — Bloomberg (@business) March 15, 2023 Its’ Over For The Swiss Giant! You can’t …

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100% Probability Of US Recession In 2023

by confoundedinterest17 Fun week ahead. US inflation numbers are out on Tuesday (forecast? CPI YoY = 7.3%, Core CPI YoY = 6.1%) and The Federal Reserve’s Open Market Committee (FOMC) rate decision is on Wendesday. So, where are we sitting on …

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Eurozone’s probability going into recession got extra momentum as refinancing cost continues to soar.

https://twitter.com/MacroTechnicals/status/1534881245510893571 Italy 10y yield 3.7% pic.twitter.com/VDinnGN2Gi — Alessio (@AlessioTMAD) June 9, 2022 https://twitter.com/MacroTechnicals/status/1534886052418166784 https://twitter.com/TommyThornton/status/1534875380691226626 Italian 10-year yields rise to the highest vs German rates in more than two years: pic.twitter.com/UtX60mHK4G — Lisa Abramowicz (@lisaabramowicz1) June 9, 2022 Amazing Article written …

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