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The John Batchelor Show

1/2: #MrMarket: The #SVB "systemic risk" and Jerome Powell's announced fight on inflation. . Liz Peek, The Hill. Fox News

The John Batchelor Show

John Batchelor

Books, News, Society & Culture, Arts

4.52.8K Ratings

🗓️ 15 March 2023

⏱️ 14 minutes

🧾️ Download transcript

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@Batchelorshow


1/2: #MrMarket: The #SVB "systemic risk" and Jerome Powell's announced fight on inflation. . Liz Peek, The Hill. Fox News
https://www.wsj.com/articles/feds-tightening-plans-collide-with-svb-fallout-9a3b8c27

Transcript

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0:00.0

I want to take a second to tell you about the biggest international festival for pop casting.

0:04.7

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0:09.5

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0:15.4

names in pop casting, as well as parties and an evening festival of un-missable live shows.

0:22.0

65-pound day and 119-pound two-day passes are on sale now.

0:27.0

Book yours at thepopcarshowlunder.com

0:35.4

This is CBS Eye on the World.

0:38.4

Here's John Bachelorette.

0:41.2

Financial crisis, the financial times in headlines, this is the pink newspaper out of London,

0:46.4

tells the story.

0:48.7

For example, US bank shares rebound after Silicon Valley bank fallout sparks route.

0:54.7

For example, US consumer prices rise 6% at tricky time for Fed amid SVP fallout.

1:02.1

For example, the weekend US officials hatched a plan to stave off a banking crisis.

1:09.7

I welcome Elizabeth Peak, columnist at the Hill, co-vastant Fox News, much on Fox Business.

1:16.2

These three directions will start with the hatching a plan.

1:20.2

Liz, a very good day to you.

1:22.1

The Silicon Valley bank was closed by regulators, California, and federal regulators on Friday.

1:29.0

The understanding from this reported FT and elsewhere is that the first decision was to find a buyer

1:37.3

that did not happen.

1:39.3

We will learn later why not.

1:41.5

The second plan, the hatched plan, was to guarantee the savers, the people who had money in the bank,

1:50.2

would be made whole.

...

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