Evening Edition: Stocks Fall On Global Banking Fears

The Fox News Rundown

FOX News Podcasts

Politics, Daily News, News

3.4 • 1.7K Ratings

🗓️ 15 March 2023

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Stocks took a dip today over fears recent U-S bank failures may spread to Europe as Switzerland's central bank said they were ready to give Credit Suisse support after their shares crashed over twenty percent. Following the weekend collapse of both Silicon Valley and Signature Bank, there has been increased calls for more federal regulation but would that even help? FOX's John Saucier speaks with Chris Markowski, host of the 'Watchdog of the Watchdog on Wall Street Podcast' and investor advocate, who says the last thing we need is more government interference in any of this. Click Here To Follow 'The FOX News Rundown: Evening Edition' Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Kraken Pro.
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0:16.0	Cryptocurrencies are unregulated in the UK.
0:19.0	Profits may be subject to capsule gains tax
0:21.0	and the value of cryptocurrencies can go down or up.
0:24.0	I'm Brad Bear.
0:25.0	I'm Maria Bartor-Rummel.
0:26.0	I'm Brian Kilmeade and this
0:28.0	is the Fox News rundown.
0:33.0	Wednesday, March 15th, 2023.
0:36.0	I'm John Sawcia.
0:38.0	America's financial system is at a delicate moment right now
0:41.0	with a Federal Reserve poised to raise interest rates again next week
0:44.0	lingering inflationary pressures in a volatile stock market.
0:47.0	Sure, a lot of this has to do with the fact
0:49.0	we're recovering from a pandemic.
0:51.0	But could we actually be doing better?
	...

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