First thing's first. This $SIVB thing is happening before 5pm on a Friday. So, this is meant to affect the closing of this week's market. /1
zerohedge.com/markets/silico…
In 2008/09 all the FCID bank closures happened after the market closed on Fridays to limit the damage. Today we are treated to a vandalistic "Biden" regime making a big deal out of this DURING trading hours. /2
From a purely political and qualitative standpoint I'd say a number of things are at play here.
For a major SV bank to fail this spectacularly in 24 hours, 72 after the FOMC Chair went full "Resting Hawk Face" smells of a setup to force a "pivot" this weekend./3
But, it could also be revenge for the direct attacks on $JPM CEO Jamie Dimon by running a 'nuts and sluts' campaign on him through Epstein and an incomprehensible ruling against him earlier in the week. /4
zerohedge.com/political/jpmo…
We have continued attacks happening against Credit Suisse, who the Fed helped out last summer, and who the Saudis and UAE put large sums into their spun-off IB unit.
This is a clear Davos attack on their enemies.
/5
Peter Thiel comes out against $SIVB lends credence to me that this is a $JPM revenge play against SV for selling out the US to foreign, globalist powers.
Take away their money, you take away their power. More fallout from the Fed's war on egregious leverage 6/
This smells like another $FTX hit job by the Fed and Wall St. to roll over one of their clear enemies and this is why it's not happening over the weekend...
Systemic risk is likely negligible and (prediction time) if $JPM scoops up the remains of #SIVB's assets, then we know /7
But it could be a davos attack which was anticipated. I'm not here to give definitive answers but to present the possible scenarios at play. /8
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