タグ: 投資

All the below links and tweets are in English.

取り急ぎ以下貼っておきます。

World Vol.512 (economy)

World Vol.496 (economy – CPI, HICP, etc.)

World Vol.495 (PacWest, Western Alliance, ECB, etc.)

World Vol.493 (FOMC)

World Vol.492 (First Republic Bank)

World Vol.491 (economy – incl First Republic Bank)

World Vol.490 (economy – incl First Republic Bank, Credit Suisse)

World Vol.488 (economy – banks, oil, inflation, etc.)

World Vol.486 (economy)

World Vol.485 (economy)

World Vol.481 (economy incl oil, stocks)

World Vol.479 (economy – SVB, indexes, etc.)

内容例（各回ツイートもご覧ください）
以下、順に、
512：@BrookingsInst、@BrookingsEcon、@NAR_Research、@nardotrealtor、@ecb
496：@IMFNews、@Isabel_Schnabel,@ecb、@BLS_gov、@rickjnewman,@YahooFinance、@daniromerotv,@YahooFinance
495：@AntoineBouvet2,@FrancescoPesole,@carstenbrzeski,@ING_Economics、@DelanoMagazine,@CCBLR_Office、@SchroderJordi,@PositiveMoneyEU、@JohannaTreeck,@POLITICOEurope、@KansasCityFed、@DrewDeSilver,@pewresearch
493：@federalreserve、@wlwatts,@MarketWatch
492：@CaliforniaDFPI、@FDICgov
491：@DallasFed
490：@sffed、@GoldmanSachs、@SPGlobalPMI
488：@JanKrahnen,@TobiasTroeger,@SAFE_Frankfurt、@Johannes_Nordin,@idrn_eu,@ISDP_Sweden、@WSOnlineNews、@CNBC,@LBS、@SPGMarketIntel、@NextCityOrg
486：@Refinitiv、@WendyEdelberg,@hardyjournalism,@Money,@hamiltonproj、@luwangnyc,@markets,@lisaabramowicz1
485：@BLS_gov、@stlouisfed、@SteveSosnick,@IBKR_Campus、@BrianSozzi,@YahooFinance
481：@ClevelandFed、@SkyNewsAust
479：@FDICgov、@firstcitizens

金融不安に関連するツイート及びリンクをご参考まで以下貼っておきます。
Assets and Liabilities of Commercial Banks in the United States – H.8 | @federalreserve
How to read a bank’s balance sheet | @bbva
banking sector outlook—US and European banks | @FTI_Global
Quarterly Banking Profile | @FDICgov
Rising Interest Rate Risk at U.S. Banks | @ClevelandFed

Big US lenders are expected to show they have ample capital to weather any fresh turmoil in the banking sector during this week's Federal Reserve health checks, although resulting investor payouts are likely to dip slightly, analysts said https://t.co/EE8G5qHVC0

— Reuters (@Reuters) June 26, 2023

Trying to make sense of the recent banking turmoil? Start with our reading recommendations https://t.co/D8xp0KGyyo

— The Economist (@TheEconomist) June 22, 2023

Barely a week after the Federal Reserve took a break from its campaign of interest rate increases, four of its counterparts overseas elected to push their policy interest rates higher. https://t.co/hrNwr9y7u4

— Axios (@axios) June 22, 2023

FDIC studying plan to include smaller U.S. banks in Basel III capital requirements after failures in early 2023 https://t.co/fz2REgVp6K

— MarketWatch (@MarketWatch) June 22, 2023

U.S. stock futures under pressure on fears aggressive global central banks could drive recession https://t.co/gZ9j6eQubA

— MarketWatch (@MarketWatch) June 23, 2023

U.S. STOCKS A GROWING WORRY FOR INVESTORS: Some Wall Street banks are sounding caution on the U.S. stock rally, warning that stretched valuations have made equities more vulnerable to declines. https://t.co/BYjCKOkakR

— NEWSMAX (@NEWSMAX) June 25, 2023

Treasury Secretary Janet Yellen said more banks will probably seek to merge this year as higher interest rates and recent banking turmoil are making it more expensive for them to hang onto depositors https://t.co/I3cUipQlqr

— The Wall Street Journal (@WSJ) June 23, 2023

Since the collapse of SVB, some bank executives and investors are reviving calls for changes to U.S. accounting rules around held-to-maturity securities.https://t.co/fLmk9fVFpD

— MIT Sloan School of Management (@MITSloan) June 17, 2023

Sen. Scott raised an important question at today’s hearing: How much is too much and when is enough, enough concerning capital?

U.S. capital requirements are among the highest in the world, and further increases hinder banks' ability to support businesses and compete globally. pic.twitter.com/sYWg76SK0L

— Bank Policy Institute (@bankpolicy) June 22, 2023

Despite leading economic indicators sharply contracting, earnings are being revised upwards

Analysts made a similar mistake during the 2008 Financial Crisis

We all know how that ended pic.twitter.com/2s2Xdocspa

— Game of Trades (@GameofTrades_) June 20, 2023

Fed's Powell Says Too Early To Know Full Extent Of Banking Turmoil-Related Credit Tightening

– If We See More Of An Effect From Credit Tightening, We Will Factor That Into Rate Decisions

– Not Seeing A Lot Of Progress On Core PCE

— Benzinga (@Benzinga) June 14, 2023

@JDVance1 (R-OH) sounded the alarm during a Senate Banking Committee hearing that America should protect small and medium-sized banks. "We don't want to be like Europe where they just have two or three massive national banks and no other alternatives," he said. pic.twitter.com/nWUVtSMIZF

— Breitbart News (@BreitbartNews) June 23, 2023

The mutual bank plans to use the proceeds from the offering in part to support increased lending, grow its commercial real estate portfolio, increase branch expansion, and to pursue mergers and acquisitions, according to a securities filings. https://t.co/KxwJ4AdeOg

— Boston Business Journal (@BosBizJournal) June 18, 2023

Citizens Bank hired a private-banking team of about 70 people in San Francisco, primarily from First Republic Bank, which is now part of JP Morgan Chase https://t.co/pguOIFUV3t

— San Francisco Business Times (@SFBusinessTimes) June 18, 2023

"#Trepp #Banking Research noted that the U.S. banking system comprises $23.6 trillion in assets. Its review of 36 banks accounting for 90% of those assets found that in addition to assets listed on their balance sheet." – @Investopediahttps://t.co/PCgIPsaGq9

— Trepp (@TreppWire) June 23, 2023

https://t.co/UtvtOCTdsX

Hmm…

— Be Gibson (@wgibson58) June 20, 2023

Banking-as-a-service providers grow deposits despite Q1 turmoil #FinTech #FinServ #Banking #BaaS https://t.co/fOyrqJ6znY from @SPGlobal

— Alex Jiménez (@RAlexJimenez) June 23, 2023

The supply of credit in the US does not appear to have been severely impacted by recent banking turmoil, but banks' willingness to lend could still be tested by an economic downturn later in the year #USeconomy #Fathommacro #recession https://t.co/iYkuBGIg1H

— Fathom Consulting (@fathommacro) June 20, 2023

Risk/reward for owning equities is at its lowest since the pre-Great Financial Crisis market top in 2007.

Reasons to own risk assets are waning by the day with 4% or higher US Treasuries.

Blow-off top in risk is underway. pic.twitter.com/PfqJjoXLJi

— Joe Consorti ⚡ (@JoeConsorti) June 19, 2023

$XLF and the big U.S Banks are also displaying very bullish charts amid the recent breakouts.

Charts for $JPM $GS $BAC below.

Playing a continuation move here and looking for intra-day entries for calls.

I've been holding the major banks since late March in core portfolio. pic.twitter.com/yRWz8NA4dj

— Tropical Trader (@Tropic_Invest) June 19, 2023

The Fed is currently the most restrictive since the Great Financial Crisis in reference to forward 5yr inflation expectations. Unelss we see inflation expectations accelerate, Fed is already extremely restrictive and it will likely build as policy lags drip into economy/market. pic.twitter.com/va6EcvYrJm

— Market Radar (@themarketradar) June 17, 2023

Getting a mortgage hasn’t been this tough in a decade, as lenders lose their appetite for riskier loans after this spring’s banking turmoil. https://t.co/Mr0eDyD9En

— Yahoo Finance (@YahooFinance) June 19, 2023

Today| Representative @bradsherman discusses Indian Prime Minister Narendra Modi's state visit, U.S.-China relations and the current state of U.S. banks and cryptocurrency. pic.twitter.com/RvpfKrxBSt

— Washington Journal (@cspanwj) June 23, 2023

The Federal Reserve on Wednesday will report the results of its annual stress test of the U.S.’s largest banks, and the Bureau of Economic Analysis will report the Fed’s preferred inflation measure on Friday. https://t.co/RaDYu67h9Q

— Barron's (@barronsonline) June 25, 2023

Commercial and industrial loans at all U.S. commercial banks totaled $2.758 trillion in the week ended June 14, per the @federalreserve Assets and Liabilities of Commercial Banks H.8 release https://t.co/ujZxcycbLn pic.twitter.com/2Q9mKohhCW

— St. Louis Fed (@stlouisfed) June 24, 2023

U.S. bank deposit levels through May have ticked up, though this partly reflects higher volumes of jumbo CDs that cost banks more money

(This data is seasonally adjusted; the next tweet shows non-seasonally adjusted data) https://t.co/my3bR6CfTw pic.twitter.com/Dy96mTRO7y

— Nick Timiraos (@NickTimiraos) June 11, 2023

One half of the country is experiencing the banking turmoil of 2023 quite differently than the other half.

Three of the four banks that collapsed so far this year were in one state: California. https://t.co/qrmOmxg5IW pic.twitter.com/ZpwKD9Lld1

— Yahoo Finance (@YahooFinance) June 3, 2023

"I would hike by 25 basis points," says Fmr. Philadelphia Fed President Charles Plosser. "The banking turmoil really hasn't materialized. By pausing, the interpretation of the market is 'we're done.' That's a very dangerous message to send." pic.twitter.com/0gLicUhBDn

— Squawk Box (@SquawkCNBC) June 2, 2023

Large U.S. banks with consistently poor risk management and other failings will face more heavy-handed government intervention, including demands to shore up capital or exit lines of business https://t.co/yQquKsZ1Eo

— The Wall Street Journal (@WSJ) May 25, 2023

US Futures Rise After Strong Week

US stock futures rose on Monday as Wall Street looked to build on a strong performance last week, while investors continued to grapple with lingering anxiety over the banking c…

More here: https://t.co/t5tNk3mpX5 pic.twitter.com/w6qy5vPfpy

— TRADING ECONOMICS (@tEconomics) March 26, 2023

Comparing the financial stability real interest rate, r** with the real interest rate gives a measure of how vulnerable the economy is to instability. This post explains how to measure r** & how to interpret the recent banking turmoil within this frameworkhttps://t.co/zYdNn9ybnW

— New York Fed (@NewYorkFed) May 24, 2023

The history of Black banks is a part of U.S. history that is often overlooked. We offer 2 free books that aim to change that.

Get your complimentary copies of "Let Us Put Our Money Together," and "A Great Moral and Social Force," here: https://t.co/bH4KbmP4Dq #Juneteenth pic.twitter.com/QdRHbONtWV

— Kansas City Fed (@KansasCityFed) June 19, 2023

Loans are important sources of bank liquidity creation. In a recent paper, Edison Yu and coauthor explore the policy implications of this finding. Read the latest #ResearchInFocus for more. https://t.co/2PINXGB3na

— Phila Fed Research (@PhilFedResearch) June 21, 2023

Monetary Tightening and U.S. Bank Fragility in 2023 | @SSRN
https://twitter.com/multi_finance/status/1671745533394952192
https://twitter.com/multi_finance/status/1671412231408619525
https://twitter.com/multi_finance/status/1671403665180205056
https://twitter.com/multi_finance/status/1662223367704023040

Borrowings are the next largest liability on the balance sheet of U.S. banks, making up nearly 12% of all liabilities at $2.4 trillion. #Banking #USA #Inflation #Recession

Credits @Niccoloc @CKostandi https://t.co/l7JlN8X2Dz

— Srinivasan G (@srinicaps) May 3, 2023

Stanley Fischer was generally credited with having played a key role in minimizing the effects of the Great Financial Crisis on the Israeli #economy and became known as the “responsible adult” of the economic policy team of the Israeli economy. #economics https://t.co/xxhbARbKee

— Speakers Associates – Global #Speaker #Agency (@SpeakerWorld) June 26, 2023

US, global markets fall on banking turmoil; oil prices slide NEW YORK (AP) – Shares on Wall Street tumbled in https://t.co/YtMR2qBC0m

— The Zimbabwe Mail (@TheZimbabweMail) June 25, 2023

https://twitter.com/PriapusIQ/status/1668200166304751619

Recession risks still loom for markets calmer after banking turmoil https://t.co/vYaEqKjJFS

— The Globe and Mail (@globeandmail) June 12, 2023

OFSI has been far more proactive than US regulators on forcing banks to take into account liquidity and solvency risks. Question is, will it be enough.@AMCbiggums https://t.co/ia8axcczNu

— Peter R Hann (@PeterRHann1) June 20, 2023

https://twitter.com/MacroPru/status/1670810811114090498

Though fears of contagion from the SVB-driven market turmoil have subsided, our Banking Sector Risk tool suggests risks of banking crises are rising. We are most concerned about countries with falling house prices and relatively weak bank balance sheets: https://t.co/VknNxjMECl pic.twitter.com/6JjxDH85ee

— Oxford Economics (@OxfordEconomics) June 20, 2023

#US issues largest loan since financial crisis — $9.2billion — to #Ford for three electric battery factories. And that's not the only govt support for the project.

Full story: https://t.co/vlBwpg8IGy #ElectricVehicles #Commodities #investment #investing

— The Oregon Group (@TheOregonGroup) June 23, 2023

Bloomberg Markets TV recently hosted @Jonathan_Lavine to discuss the pockets of opportunity in global #credit markets and the impact of regional banking turmoil and lower syndicated #lending volume.

Watch Lavine's @business interview here: https://t.co/PoJaEPMAB2

— Bain Capital (@BainCapital) June 9, 2023

Highest auto loan delinquency rate for ages 18-29 since the financial crisis in 2008 – higher than the 'GDP drag era' of 2014-2019, and the Dotcom recession. pic.twitter.com/BahgJ3nH6b

— MacroEdge (@MacroEdgeRes) June 23, 2023

Credit Crunch? Not exactly, though parts of today's #leveragedloan market are plumbing depths not seen since the 2007-08 Global Financial Crisis. Full analysis: https://t.co/8H9BGgjwK3 #highyield @PitchBook @Kakourisr #privateequity

— Leveraged Loans (@lcdnews) June 25, 2023

How we can avoid a third phase of banking turmoil – @elerianm's latest column for the FT https://t.co/nWZ16a4Rvw

— Tony Tassell (@TonyTassell) May 10, 2023

Distilling lessons from recent banking turmoil, @LucreziaReichli argues that the distinction between systemic and nonsystemic institutions is useless: all crises have potentially systemic effects. Read her interview with F&D. https://t.co/zqMf3ewhwF pic.twitter.com/ADmvOCulv3

— IMF (@IMFNews) May 13, 2023

European markets slide as central banks raise interest rates to curb inflation https://t.co/Zj588OWWzB

— Financial Times (@FT) June 22, 2023

The Bank of England is taking unprecedented steps in safeguarding financial stability by launching its first-ever system-wide liquidity 'stress test'. This includes big banks, insurers, and even investment funds. Read more: https://t.co/hTPzQ1jt21

— Linqto (@linqtoinc) June 19, 2023

Sinead Ryan: There's nothing stopping you putting savings into other EU banks. https://t.co/0u86CgbyT9

— NewstalkFM (@NewstalkFM) June 19, 2023

This column quantifies #SystemicRisk using data on credit default swaps for #European banks. It finds a cluster of large #banks with low capital buffers relative to their contribution to systemic risk.
D Dimitrov, S Wijnbergen @UvA_ASE @UvA_EB @ResearchTIhttps://t.co/rJ3DaapUca pic.twitter.com/0VyUO2iBQH

— VoxEU (@voxeu) June 22, 2023

Checking in on the expected terminal rates of the Fed, ECB, and BoE. The March banking turmoil affected all three expected policy rates, but a lot of that decline has be reclaimed by the central banks. pic.twitter.com/4wEBammG1S

— David Beckworth (@DavidBeckworth) June 9, 2023

5% gdp drop, worse than global financial crisis?

The scenario imagined by the BoE in their “what happens if rates reach 6%” stress test.

Oh and house prices fall 31%

Stress testing the UK banking system: key elements of 2022 annual cyclical scenario https://t.co/xPxgaj4CLW

— Moving Home with Charlie (@moving_charlie) June 23, 2023

RBS crushed thousands of businesses during the financial crisis to increase its own profits. The bank implemented a plan to squeeze customers facing financial difficulty and "gave bonuses to staff for identifying struggling firms" People losing their homes is profitable for banks https://t.co/aqjAobuiOJ

— A. Otero (@JimaOteroA) June 22, 2023

"The Consumer Duty is forcing people to understand that there needs to be trust in the financial system.”

Jock Glover shares his thoughts on the consumer duty and how he thinks there is a potential connection with the 2008 financial crisis: https://t.co/wGICPB2E4y

— Square Mile Research (@SquareMileICR) June 21, 2023

Chris Muir, a senior development underwriter at @TravelersEurope, addresses concerns surrounding recent bankruptcies in the US banking sector.https://t.co/O3ExXBw8LR#BankingSector #FinancialInstitutions #FinancialCrisis #Insurance #InsuranceInsights

— Insurance Business UK (@InsuranceBizUK) June 21, 2023

https://twitter.com/ESM_Press/status/1661265857220050944

What do the 2022 annual reports say about the impact of the chain of geopolitical and economic uncertainties on the financial reporting of banks in Europe? Discover in our new report: https://t.co/n2lbKMv722#IFRS9 #CreditRisk #ECL pic.twitter.com/PK57UrEPA0

— Mazars in the UK (@Mazars_UK) June 22, 2023

Among the measures, the SNB called for banks to be required to prepare a minimum amount of assets that could be pledged for central banks, a step designed to help banks access emergency liquidity if customers rapidly withdrew cash. https://t.co/amiFqiEi3y

— swissinfo.ch (@swissinfo_en) June 22, 2023

The #BaselCommittee will continue examining the supervisory & regulatory implications of the banking turmoil, building on existing initiatives, including strengthening the effectiveness of supervision, liquidity risk management and interest rate risk https://t.co/118OoX2MZD pic.twitter.com/mDgAYuG7Lc

— Bank for International Settlements (@BIS_org) June 6, 2023

#RFS #Forthcoming: Banks as Liquidity Multipliers

Sylvain Carré @SylvainCarr2 @Paris_Dauphine
Damien Klossner @SNB_BNShttps://t.co/0eG8EoHQyO

— Society for Financial Studies (@SFSjournals) June 20, 2023

This process has been used in other European countries where governments mandated that banks use their own profits/reserves to cap the increase in certain mortgages https://t.co/FnYrDq26yz

— Christopher Head (@chrish9070) June 21, 2023

https://twitter.com/Amundi_ENG/status/1671874252893736961

Australian financial regulators are reviewing the nation’s preparedness for future banking turmoil https://t.co/YFJ0zNJsYL

— Bloomberg (@business) June 14, 2023

Banks: Balance sheet (S10) | @ReserveBankofNZ

This question has been asked in several of my recent interviews. Although the US banking turmoil is unlikely to affect Asia and the Pacific, policymakers in the region should still find ways to strengthen financial systems, because a severe crisis would have significant… pic.twitter.com/Kf58f8EBQe

— Albert Park (@ADBChiefEcon) June 18, 2023

South Korea will ask its banks to hold more liquid assets, starting a gradual exit from regulatory easing on capital requirements as local markets recover from the pandemic and a recent credit crunch https://t.co/8poK8wlZKX

— Bloomberg Markets (@markets) June 20, 2023

Bank of China halts transfers from Russia to EU, US, UK, and Swiss banks. Sanctions ARE working. https://t.co/daWX0RVaHP

— Bill Browder (@Billbrowder) June 18, 2023

JSCC attributes record spike in breaches to interest rate volatility sparked by banking turmoil in the US in March. https://t.co/xWUF1rTBbs pic.twitter.com/6tkW6nrwqH

— Risk Quantum (@RiskQuantum) June 19, 2023

A firm-level panel data analysis of selected BSE top 200 companies for 2017–21 is presented to link the environmental, social, and governance ratings and carbon dioxide emissions with their default risk and solvency position.https://t.co/uwH0TBVhpP

— Economic & Political Weekly (@epw_in) June 23, 2023

Images: Palestinians in #Gaza won't be able to offer qurbani as financial crisis deepens, farmers fear https://t.co/WJvGS9jjGF

— Middle East Monitor (@MiddleEastMnt) June 22, 2023

Regulation leniency and lack of stringent measures from the central bank, National Bank of Ethiopia (NBE), is pinned as one of the primary challenges which have jeopardized cash withdrawals from financial institutions in recent weeks.https://t.co/KFRusGW6hD

— Capital (@Capitaleth) June 26, 2023

The Central Bank of Nigeria (CBN) issued further guidance to Deposit Money Banks (DMBs) regarding operational changes to the foreign exchange market.

The policy changes aim to promote transparency, liquidity, and price discovery in the FX market to improve supply, discourage… pic.twitter.com/WCA7UzNWYN

— Nairametrics (@Nairametrics) June 18, 2023

With a reverse repo, the Central Bank purchases Government securities from Commercial Banks in order to inject some liquidity into the system.

The CBK has done reverse repos of KES 169.4B in the last 2 trading sessions:
—19th June: 87B at a rate of 9.734% and 9.921%
—16th June:… https://t.co/gSrgg7gqtw pic.twitter.com/j2M1v2cIzd

— Mwango Capital (@MwangoCapital) June 20, 2023

The Court of Appeal has suspended a decision rendered last November stopping the liquidation of collapsed Imperial Bank after the CBK protested that the move was frustrating payment of depositors and causing unnecessary anxiety in the banking sector.

[@bd_Africa] pic.twitter.com/4zjdKD8tdT

— Mwango Capital (@MwangoCapital) June 1, 2023

https://twitter.com/alfonslopeztena/status/1670867554523283479
https://twitter.com/tebb29/status/1671513100741115905
https://twitter.com/GoliathResource/status/1671458194693013505