top of page

Banks Going Bust

Monday, March 13, 2023 at 2:56:35 p.m. UTC

Top 3 – Things to Watch this week:

1. US banking system is in turmoil. Some major banks are facing bankruptcy. This is important as setup is similar to 2008.

2. This week the fate of Black Sea corridor will be decided.  The market is obsessed with this.

3. China’s president Xi Jinping has secured a historic third term. He is becoming more interested in dealing with Russia than the west.

This week’s Action Item:

With the uncertainty of the Black Sea corridor and US Banks, it’s expected that the market wants to remove risk. This means traders will not want to be in a speculative position until more information is known.

Image-empty-state.png

Sign up Market Flash Text Messages

Market Flash Text Messages is super quick market info in 150 characters or less. 

Only comes out once a week. 

Focus is on things that move the market not prices. 

note:* Market Flash web version is this page. It's designed to keep you thinking.

bottom of page