EPISODE · Mar 22, 2023 · 26 MIN
March 22, 2023 - Daily Market Briefing
from The Morning Market Briefing · host Narwhal Capital Management
The guys discuss continued bank situations across the country with UBS to pay back some "bail-in bonds" issues on March 9th - they are buying them back at a small loss to themselves, but it appears they are doing so in an effort to better position themselves as a result of the fallout. First Republic Bank is still reeling as the FRC is discussing a possible federal bailout. For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefingsPlease see disclosures:https://www.narwhalcapital.com/disclosure
What this episode covers
The guys discuss continued bank situations across the country with UBS to pay back some "bail-in bonds" issues on March 9th - they are buying them back at a small loss to themselves, but it appears they are doing so in an effort to better position themselves as a result of the fallout. First Republic Bank is still reeling as the FRC is discussing a possible federal bailout. For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefingsPlease see disclosures:https://www.narwhalcapital.com/disclosure
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March 22, 2023 - Daily Market Briefing
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