₦airaland Forum

Biden to speak about the US banking crisis in some minutes time.

Yet an emotional investor is saying that Oracle said blah blah blah.

At least we warned in November 2022 that a global bond crisis was coming and it could affect stocks.

RabbiDoracle:
This is the MOVE index which tracks volatility in the bond market.

This index needs to spike aggressively from the current 131 to over 220.

This spike will only be explained by an imminent global bond crisis. It will be a severe bond meltdown.

Once it affects bonds, most times it affects stocks as well.

YoungBuffet:
It depends on the composition of the market players, if foreign investors are many on our NSE trust by now everything would have been red top to bottom.

You see, sometimes FPIs are not good .
Make this scale of price change I dey see here make e no cross the Atlantic ocean oh..

But still we have to be on the look-out.

RabbiDoracle:
Madam, please continue to dey update us on things happening on NGX. We may not have much time to login and see. The world effects are moving too fast to catch up with.

Love your work.

Lol. Boss don't mind my comment.

Actually, this type of scenario has played out one time like that, which does not affect NSE as such.
Since the foreigners left the bulk of the trading to the locals, it seems like some kind of blessings in disguise for our local market, especially with the events happening in major countries like the US......it's not having sharp decline on NSE, unlike when the foreigners dominated the market.

This' my newbie's view of it.

* Pls continue to update us about international happenings. It's good for decision making. Well appreciated*

YoungBuffet:
It depends on the composition of the market players, if foreign investors are many on our NSE trust by now everything would have been red top to bottom.

Exactly!
When the foreigners were in the majority in NSE, by now, the market for don hear am......with this US banking crisis.
Since majority of them pulled out their funds, we are ñow witnessing some kind of "calmness" in the market unlike how it used to be in the past.

yMcy56:
Lol. Boss don't mind my comment.

Actually, this type of scenario has played out one time like that, which does not affect NSE as such.
Since the foreigners left the bulk of the trading to the locals, it seems like some kind of blessings in disguise for our local market, especially with the events happening in major countries like the US......it's not having sharp decline on NSE, unlike when the foreigners dominated the market.

This' my newbie's view of it.

Truly, we can never pick a better time to be grateful to them, but still this NSEBNK index is not looking good from the minutes to the hour charts ooo

Zagee:
Truly, we can never pick a better time to be grateful to them, but still this NSEBNK index is not looking good from the minutes to the hour charts ooo

Not disputing any chart formation or whatever...
Just trying to say that the foreigners were our major problems in the past.
Any little cough from USA or other developed countries, na NSE dey suffer am in the past...... but now, even if we witness decline in NGX, it may likely and largely be due to our domestic issues......
Not ruling out international ones too....but may not be in the majority.
USA had thought we cannot survive without them but God pass them.
I stand to be corrected though.

Hmmmm checking

yMcy56:
Boss, you can also contact Africa Prudential Registrar to know the number of units she has, this will be inclusive of bonuses issued during the period in view.

Email: cxc@africaprudential.com

...Big thanks madam. I will contact them, I appreciate.

FPIs are not in the market so i still believe market will follow natural way of tanking after the dividend. UBA might pay 1naira final, a lot of weak hands would be shaken off

HSBC buys UK subsidiary of Silicon Valley Bank for £1.

The red days are here. Rejoice, my internet friends.

ZENITH
Is this HOLDCO effect or global effect?
Will the bank replicate same thing that happened during GTCO's HOLDCO issue?
Let's keep watching.....

Much activities @25

yMcy56:
ZENITH
Is this HOLDCO effect or global effect?
Much activities @25

i think both

RabbiDoracle:
Another thought :

Since most Developed world banks and Central banks (US, EU, Australia, Japan) are grappling with huge losses as a result severe bond wipeout, it will be natural for the western government to carefully orchestrate a severe global economic crash that will cause global funds to flow out from stocks, real estate funds, gold, silver, crude oil ( and other commodities) , bitcoin and whatever asset classes and force these monies to go into treasuries and bonds. That way banks/central banks with huge losses as a result of decline in bond prices will now see spectacular bids on these bond portfolios and these banks will be healthy again. But that will be at the expense of people/investors who get wiped out in the instruments highlighted above with staggering losses therein.

It is like forcing a huge flock of sheep through a narrow-gated field.

I always do long term investment.... which is the best period to invest in

yMcy56:
ZENITH
Is this HOLDCO effect or global effect?
Much activities @25

Can't really tell. Nobody wants dividend too?

YoungBuffet:
i think both

Guess some opportunities are also knocking here, na to dey monitor this one.......

yMcy56:
Guess some opportunities are also knocking here, na to dey monitor this one.......

yes

Zagee:
Can't really tell. Nobody wants dividend too?

We still have those FPIs in the banking sector.....especially .u.g.a.z

Sometimes, we don't also know what's going on in the background.......some of us that can't read charts can only be watching their activities and looking out for opportunity here.

yMcy56:
Guess some opportunities are also knocking here, na to dey monitor this one.......

i still dont believe we have FPIs around cos if we do all the banking sector would have done 10percent negative by now, i think is SVB panic sell we are experiencing and it wont stay long as result will also have positive impact before the normal fall

ACCESSCORP, FBNH, FIDELITYBK, GTCO, NPFMCRFBK, STERLNBANK, UBA, and ZENITHBANK all receiving some beatings today. Bankers wotapun?

Summary of Biden remarks on SVB

1] asking congress to strengthen bank rules
2] investors in bank are not to be protected as they take risk to invest only depositors are protected
3] tax payers will not bear losses in SVB collapse
4] will not stop at this, will do whatever is needed
5] The banking system is safe

janga:
Summary of Biden remarks on SVB

1] asking congress to strengthen bank rules
2] investors in bank are not to be protected as they take risk to invest only depositors are protected
3] tax payers will not bear losses in SVB collapse
4] will not stop at this, will do whatever is needed
5] The banking system is safe

Granpa ran out of the room so fast, he almost forgot where the door was!!! The USA is in trouble, this has to be the most inept administration ever! I thought the last admin was bad, this one is way worse!!!

Ades1:
Granpa ran out of the room so fast, he almost forgot where the door was!!! The USA is in trouble, this has to be the most inept administration ever! I thought the last admin was bad, this one is way worse!!!

Wetin man go do....

janga:
Summary of Biden remarks on SVB

1] asking congress to strengthen bank rules
2] investors in bank are not to be protected as they take risk to invest only depositors are protected
3] tax payers will not bear losses in SVB collapse
4] will not stop at this, will do whatever is needed
5] The banking system is safe

Very brief without taking questions so that he won't say something off point.

There are still challenges. The regional banks where big funds over the FDIC limits will continue to have a run to the systemically Important Banks (SIB). And since the shareholders and the bondholders of the failed banks were made to lose everything, those investors(bondholders/shareholders) in the regional banks that are still open will continue to sell down their positions because they know that if anything happens, they too will loses everything just like they saw in SVB, Silvergate and Signature Banks.

And that is why currently, we have

First Republic Bank losing 74% just today alone,
PacWest at - 57% today
West Alliance at - 84% today

It now becomes self reinforcing loop where buy as Fed and FDIC solve SVB and signature Bank issues, more banks issues crop up in the same way and they will be forced to intervene again.

As at today they have 3 more banks(highlighted above) that are losing big time.

So will Fed intervene or allow it fail?

Ades1:
Granpa ran out of the room so fast, he almost forgot where the door was!!! The USA is in trouble, this has to be the most inept administration ever! I thought the last admin was bad, this one is way worse!!!

I think it has to do with regulators again, after Soludo did recapitalization banks still failed. Should we blame obj for that?.

Ades1:
Granpa ran out of the room so fast, he almost forgot where the door was!!! The USA is in trouble, this has to be the most inept administration ever! I thought the last admin was bad, this one is way worse!!!

Jesus wept but this time for nigeria, lol.I will leave it at this before they attack.

YoungBuffet:
I think it has to do with regulators again, after Soludo did recapitalization banks still failed. Should we blame obj for that?.

Ummmmm even granpa blaming the former guy, forgetting he has been president for 3 years! So yea, grandpa takes the blame. He said it, the Buck stops with ME. I guess he has forgotten that too. Lets not get into politics jare.

Bizibi:
I always do long term investment.... which is the best period to invest in

There are lots of strategies that can benefit long term investors:

Dividend yield chasing
Naira cost averaging
Buy low and hold

You can do any (or all) of these 3 strategies.

However when there is a big event coming and this event could lead to very significant wipeout of gains and capital, most times, one is advised to start keeping cash to take up positions if prices get very low. Such events are usually global in nature.

So there is no particular date for which one should invest. Always stick around NSEMPA and most times you will hear members talk about probable things that could materially affect investments. And if it is immaterial, members still come around to debate it.

Eku market. The red bull enter market just they knock down anything in the house. Na banking stock na him piss am off pass.When the corruption going on thr is exposed in future. The bank run in nigeria will make the one that happen in America to be joke.look as just full cashless exposed thr weak infrastructure. Transfers not working or hanging

RabbiDoracle:
Very brief without taking questions so that he won't say something off point.

There are still challenges. The regional banks where big funds over the FDIC limits will continue to have a run to the systemically Important Banks (SIB). And since the shareholders and the bondholders of the failed banks were made to lose everything, those investors(bondholders/shareholders) in the regional banks that are still open will continue to sell down their positions because they know that if anything happens, they too will loses everything just like they saw in SVB, Silvergate and Signature Banks.

And that is why currently, we have

First Republic Bank losing 74% just today alone,
PacWest at - 57% today
West Alliance at - 84% today

It now becomes self reinforcing loop where buy as Fed and FDIC solve SVB and signature Bank issues, more banks issues crop up in the same way and they will be forced to intervene again.

As at today they have 3 more banks(highlighted above) that are losing big time.

So will Fed intervene or allow it fail?

If any touch $1, I fit gamble small