Stock Market PLUNGES after Credit Suisse and Silicon Valley Bank | Ep. 168

LIKE & SUBSCRIBE for new videos every day. https://www.youtube.com/c/BaldBrad?sub_confirmation=1

Buy Book on Amazon: https://a.co/d/cNfTxqh
Website: https://www.baldbrad.com/
Become a Patriot: https://www.youtube.com/c/BaldBrad/join

In this episode of The Bald Brad Show, the nation’s largest banks got walloped Wednesday — showing they weren’t immune to the crisis that has hammered regional lenders — after Credit Suisse reignited fears of a contagion in global banking.

Shares of JPMorgan Chase and Citigroup slid more than 4%, while Wells Fargo and Goldman Sachs fell more than 3% and Bank of America sank 0.9%.

US banks got slammed as Zurich-based Credit Suisse plunged 24% after its biggest shareholder, Saudi National Bank, said it wouldn’t pour more money into the troubled institution.

Market experts are increasingly fearful that Credit Suisse will require a bailout due to a rapid loss of confidence in its stability — potentially accelerating a chain reaction that began with Silicon Valley Bank’s implosion and could upend other struggling firms.

#stockmarket #news #politics

FOLLOW ME:
Podcast: https://thebaldbradshow.podbean.com/
Patreon: https://www.patreon.com/BaldBrad
Instagram: https://www.instagram.com/bald.brad/
TikTok: https://www.tiktok.com/@bald_brad?lan
Rumble: https://rumble.com/user/BaldBrad
Twitter: https://www.twitter.com/TheBaldBrad

Business Inquiries: TheBaldBradShow@gmail.com

FAIR USE NOTICE
This video may contain copyrighted material; the use of which has not been specifically authorized by the copyright owner. We are making such material available for the purposes of criticism, comment, review, and news reporting which constitute the fair use of any such copyrighted material as provided for in section 107 of the US Copyright Law. Notwithstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work for purposes such as criticism, comment, review, and news reporting is not an infringement of copyright.