Friday, April 28, 2023

Banks are falling down? First Republic Bank is next?

 After Silicon Valley Bank and Credit Suisse it looks like there is still trouble in the banking sector and mass-media is reporting it.

Recently the news is Deutsche Bank will let go about 800 fresh headcounts, business could be slow? And what about First Republic Bank losing 40% of it's stock value in a heartbeat?

Shareholders are getting more and more concerned while the top banks are trying to assure everyone that they have everything under control, but do they? People are scared about the safety of their deposits, loans are accessed harder and harder and there are few eager to get into debt now.

What do you think about 2023? Will be get another Credit Suisse crash? Another Silicon Valley Bank meltdown? 



Saturday, April 22, 2023

Will Ukraine really launch a counteroffensive?

 More than one year passed since Russia invaded Ukraine and the war seems to head to a front stalemate with Russians chipping away a village or two every month and an alley in Bakhmut every week. 

Starting with February there were numerous news about an expected Ukrainian counter-offensive which will obliterate the Russian forces and liberate a lot of territory, being Crimea or Zaporzje or Donetsk. The counteroffensive was then delayed to March so the Ukrainian army can get more equipment and tanks from NATO countries and then delayed again in April to get better weather conditions.

Now the counteroffensive is delayed even more to May while Bakhmut is on the brink of falling with Russian troops controlling close to 90% of it. So the question arises , when can we expect to see this counteroffensive? If ever?

Russian media already boasts that Ukrainians tried to launch it twice and failed twice with the amass of troops being detected by Russians, bombed and dispersed with huge casualties. Can the Ukrainians amass a critical force without Russians detecting it or hide it from their enemy? Time will tell.