To The Moon

FED will have to increase rate by at least 50 bps this March 2023 even when banks like $SVB Financial Group(SIVB)$  and $Signature Bank(SBNY)$  had failed the cities, as both banks fail to invest and diversify correctly and had failed to do what their customers and shareholders expects them to do! [Anger] 

SVB overweight too much on government bonds while Signature overweight too much on speculative crypto. Both had fail to diversify and also fail to maintain enough cash. [Anger] 

If FED do not hike at least 50 bps, it may be much harder to contain the second wave of inflation and may lead to much higher inflation like those seem in the 1970s and 1980s.

Customers and Shareholders of banks should also do an audit of their banks that they deposit or invest in. They should get out of the banks if they found something wrong with the banks and also alert the rest of the Tigers here too.

$SVB Financial Group(SIVB)$  

$Signature Bank(SBNY)$  

$Silvergate Capital(SI)$