Monday, March 3, 2025

Tag: The Bank Run Genie Is Out Of The Bottle

The Bank Run Genie Is Out Of The Bottle

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    by Quoth the Raven, QTR’s Fringe Finance:

    There isn’t much to say this morning.

    I’m prepping this note at about midnight EST, to be released at 5AM.

    I’m assuming the shit show from yesterday – a bank run on VC banks, crypto banks, and who knows what other banks – will carry on today. Upon calling it a night this evening, Dow futures are down about 200 pts on top of the 500 they dropped yesterday. NASDAQ futures are down about 0.5%.