Stenos Signals

Europe is better equipped to deal with a liquidity crisis than the US, but if this evolves in to a credit crisis, which is a fair assumption by now, European loan books look MUCH worse than in the US.

Mar 25

The deposit flight continues and further banks will be faced with stress scenarios unless the tide turns in flows. Here is how we track the deposit flight on an ongoing basis.

Mar 24

Deustche Bank is selling off rapidly without an evident trigger event. What is going on? Is the crisis spreading to Europe and will it turn into a credit crisis? We look at the situation here.

Mar 26

The Fed is yet to understand the ROOT cause of the crisis. Follow our LIVE-blog through the afternoon / evening!

Mar 22

Most popular

The cutting cycle looks more and more likely by the day and we find that the Fed needs to cut by 200 bps to stabilize the deposit base of banks. Here is…

Mar 20

The Fed is likely to hike on Wednesday even if markets are screaming that they should rather cut. The first stages of the crisis playbook are playing…

Mar 20

The banking crisis will continue to rage until the Fed and the ECB accept the underlying reason for the deposit flight. Banks cannot cope with an…

Mar 19

Things are about to get serious. Here are my notes after meeting banks in Spain through the day. There are reasons to worry.

Mar 15

We have moved our focus to banks with a large Commercial Real Estate exposure, which is clearly suffering as well. Find the 10 banks with the worst…

Mar 14

Live coverage of the SVB crisis! We give you our live updates over the coming days!

Mar 13

SVB is nothing but a symptom of years of money growth and it is now time to figure out who else is swimming naked. Money growth is negative, and idiots…

Mar 12

Silicon Valley Bank is under water on the exchange and a bank-run is currently unfolding it seems. Should we be worried? A few notes from a night of…

Mar 10

See all

Most popular

Welcome to Steno Research. The 100% independent macro and geopolitical research house. We hope to see you as a client soon at www.stenoresearch.com. We will occasionaly deliver free articles at this substack still.

Stenos Signals

About Archive Sitemap