Month: March 2023
DKI Featured on YourFinanceTV
Gary Brode and Mark Rossano look at what now for the fed after last week’s rate decision. Is contagion just going to be limited to US banks or could the demise of Credit Suisse just be the tip of the iceberg and they look at the possibility of other industries and companies that could have … Read more
5 Things to Know in Investing This Week – March 24th, 2023
Fed Raises Rates and Attempts to Ease Banking Sector Concerns, More Tech Layoffs, Jobs Numbers, and This Week in Hypocritical Politicians It’s beginning to feel like the people we’ve been told are in control are no longer in control: Fed Chair Powell and Treasury Secretary Yellen do not have control over the financial fallout, tech … Read more
5 Things to Know in Investing This Week – March 17th, 2023
The Everyone Fails Again Version Bank failures, bank depositor bailouts, forced bank bailouts, CFOs who can’t evaluate risk, and bank risk managers who aren’t even trying to do their jobs. It’s the 5 Things to Know – Failure Edition! DKI continues to applaud intern, Dylan Kogan, who again makes a strong contribution to this week’s … Read more
Does Anyone Do Their Job – It’s 2008 All Over Again
This post originally appeared on March 13, 2023 Introduction: Over the past few days, we’ve seen the failure of Silicon Valley Bank ($SIVB) and Signature Bank ($SBNY) as well as a government decision to bail out the deposit accounts with more than $250K. That’s in excess of FDIC regulations and was described by officials as … Read more
Weekly Points – March 10th, 2023 5 Things to Know in Investing This Week
The Higher for Longer – Plus Faster Version Jerome Powell does his version of the Six Million Dollar Man telling Congress rates will be higher for longer, and faster than many hoped. A stronger than expected economy continues to disappoint asset gatherers hoping for a return to bubble valuations. DKI continues to applaud intern, Dylan … Read more
DKI’s Miss With Silicon Valley Bancorp and Mark to Market
This post originally appeared on March 10, 2023 Introduction: The financial world has spent the last few days captivated by the slow-motion implosion of Silicon Valley Bancorp (ticker: $SIVB). A couple of years ago, some well-meaning colleagues suggested SIVB as a potential long idea for DKI. The thesis was that while you had to pay … Read more