March 18 (Saturday)

Latest Morning Briefing Executive Summary: Banks, Tech & Batteries
SVB wasn’t last week’s only bank run: Two crypto-friendly banks that served as the major gateways to the crypto world also succumbed to depositors deciding to take their money and run. Jackie performs brief autopsies and looks at their impact on the crypto markets and the banks positioned to take their place. … Also: Counterintuitively at this time of economic uncertainty, the Technology sector has been outperforming the broader index since its February 2 peak. … And our Disruptive Technologies focus today is on the quest to build a better EV battery.
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YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on March 13.

Markets
Europe stocks log worst week of the year as Credit Suisse rattles sentiment | C
 
Central banks
Fed poised for quarter-point rate hike next week, despite turmoil | C
Why ‘Frisco Fed chief missed Silicon Valley Bank’s warning signs | P

Banks
Goldman Sachs cuts outlook for European bank debt over Credit Suisse crisis | R
The Banking Sector Turmoil in Charts | W
UBS is in talks to take over all or part of Credit Suisse, sources tell the Financial Times | C
UBS examining takeover of Credit Suisse to stem banking turmoil | R
BlackRock denies report that it’s preparing a takeover bid for Credit Suisse | C
First Republic Stock Plunges After Bank Rescue Plan, Dividend Suspension | W
Local Banks Could Leave Gaps That Are Hard to Fill | W
How Did Silicon Valley Bank’s Management Team Get It So Wrong? | W

US
Bank Failures, Like Earlier Shocks, Raise Odds of Recession | W
Pain In the Tech Industry Is Beginning to Hit the Rest of Us | W
Trump says he’ll be arrested Tuesday as DA eyes charges | C
Pricey Child Care Is Keeping Many Parents Out of the Workforce  | W
The Math Behind the New Super Commute | W

Europe
Dilemma for France’s Macron: to Govern, or Not to Govern, as an Imperious ‘Jupiter’ | W

China
China Frees Up Liquidity in Sign of Wariness About Recovery | W
China’s M&A Star Told His Employees to Be Bold—Then He Disappeared | W

Geopolitics & trade
Analysis: China’s Xi takes ‘diplomatic dance’ to Russia | R
TikTok Creators Contemplate Life After Possible Ban: ‘It All Can Be Taken Away’ | W
 
Industries & companies
Autos: Ford, GM Engage in China Price War as Car Sales Slump | W