Charts of the Week

March 20, 2023 - 1 min read

 

In this latest edition of our weekly update:

  • Bank deposit rates have lagged the rise in the Fed’s fund rate;
  • US bank deposits ar e experiencing the largest drawdown in 40 years;
  • Pace of deposit withdrawals forcing US banks to sell down a portion of their assets
  • Silicon Valley Bank and Silvergate Bank were the first two banks to reach insolvency;
  • US regional banks went through one of the sharpest pullback in decades;
  • Financial stability concerns have spread to European banks;
  • The Fed’s hiking cycle finally broke something in the economy;
  • Abrupt revision in the Fed’s tightening path;
  • A big concern for central banks in the US and EU;
  • Goodbye QT? ;
  • Sharp rise in the Fed’s balance sheet has pushed USD liquidity; and
  • Gold is back at the top end of its range.

 

Click here to read our weekly financial markets update report.

 

Disclaimer
This document is solely for your information and under no circumstances is it to be used or considered as an offer, or a solicitation of an offer, to buy or sell any investment or other specific product. All information and opinions contained herein has been compiled from sources believed to be reliable and in good faith, but no representation or warranty, express or implied, is made as to their accuracy or completeness. The analysis contained herein is based on numerous assumptions and different assumptions could result in materially different results. Past performance of an investment is no guarantee for its future performance. This document is provided solely for the information of professional investors who are expected to make their own investment decisions without undue reliance on its contents. This document may not be reproduced, distributed or published without prior authority of PLEION Investment Adviser Ltd.