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24
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stringlengths
0
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sentiment
stringclasses
3 values
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19 values
sentiment_confidence
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39
100
topic_confidence
float64
24
100
__index_level_0__
int64
0
805
2023-03-11T20:26:40.000Z
cjoye
USDC 'Stablecoin' Breaks Peg As Circle Admits Billions Stuck With SVB
Neutral
Currencies
59
90
549
2023-03-11T20:21:45.000Z
M_PaulMcNamara
RT @JessicaValenti: The Texas lawsuit against three women who allegedly helped their friend get an abortion includes pictures of them dress…
Neutral
Legal | Regulation
56
99
189
2023-03-11T20:21:03.000Z
markets
Deutsche Post reaches a deal with the Verdi labor union covering 160,000 workers
Neutral
Company | Product News
98
97
680
2023-03-11T20:09:58.000Z
markets
The FDIC is urging employees of the failed Silicon Valley Bank to stay on with higher wages — but only for 45 days
Neutral
Legal | Regulation
91
49
681
2023-03-11T20:08:18.000Z
ianbremmer
peaceful relations between saudi arabia and iran is to be welcomed, whoever brokers the deal.
Neutral
General News | Opinion
100
83
559
2023-03-11T20:07:07.000Z
economics
Global supply chains have returned to normal, the Federal Reserve Bank of New York says
Bullish
Fed | Central Banks
64
98
380
2023-03-11T20:03:50.000Z
economics
Here's the latest news on Russia's invasion of Ukraine
Neutral
General News | Opinion
98
97
381
2023-03-11T20:03:06.000Z
markets
Here's the latest news on Russia's invasion of Ukraine
Neutral
General News | Opinion
98
97
682
2023-03-11T20:00:57.000Z
TheStreet
This is bad
Bearish
General News | Opinion
64
98
152
2023-03-11T20:00:07.000Z
zerohedge
When Censorship Fails: Two Thirds Of US Adults Think COVID Likely Started In A Lab
Neutral
General News | Opinion
93
98
36
2023-03-11T19:51:03.000Z
economics
It's been three years of loss, fear and disruption since the World Health Organization declared Covid-19 a global pandemic on March 11, 2020. Here's how communities around the world have built spaces to mourn and remember
Neutral
General News | Opinion
73
99
382
2023-03-11T19:38:03.000Z
economics
Long Covid may be behind the recent surge in US women with a disability (via @atanzi & @mackhawk)
Bullish
General News | Opinion
60
98
383
2023-03-11T19:32:15.000Z
tracyalloway
(Ok the rugby is over so I’m gonna stop now)
Neutral
General News | Opinion
97
98
472
2023-03-11T19:31:49.000Z
LynAldenContact
The Federal Reserve's cumulative operating losses are now $39.7 billion, which they record as "deferred assets". In about two more weeks they'll have negative tangible equity if you factor out those deferred assets.
Neutral
Fed | Central Banks
58
98
582
2023-03-11T19:31:49.000Z
LynAldenContact
Their unrealized losses are way bigger than that, but unlike normal banks, the Fed can't be forced to sell and realize a loss. And if they do realize a loss it's like the bank in Monopoly.
Neutral
General News | Opinion
67
74
581
2023-03-11T19:31:37.000Z
tracyalloway
Silicon Valley: Move fast and break things! Reduce friction in banking! Build transparent social networks! Also Silicon Valley: Oh no, not like that!
Neutral
Company | Product News
98
95
473
2023-03-11T19:30:08.000Z
zerohedge
What Comes After The Great Liquidation?
Neutral
General News | Opinion
100
97
37
2023-03-11T19:30:04.000Z
IMFNews
Edward Chancellor’s book The Price of Time traces the history of interest rates back through the centuries, with low borrowing costs starring as villain. Read the F&D review.
Neutral
Fed | Central Banks
99
94
658
2023-03-11T19:30:01.000Z
Brad_Setser
p.s. I could not have answered this question 15ys ago, and wouldn't have been able to answer it well 10ys ago ...
Neutral
General News | Opinion
96
78
616
2023-03-11T19:29:09.000Z
Brad_Setser
Background: "Other financial corporations" includes the life insurers and in Japan, the investment trusts (which are used by Postbank and Nochu). Net purchases of foreign bonds (mostly US bonds) have gone from $100-200b a year to less than zero over the last 4qs of data. 2/2
Neutral
Treasuries | Corporate Debt
57
89
617
2023-03-11T19:27:32.000Z
Brad_Setser
An idea for an international macro/ international finance exam question; Explain how higher US interest rates (both higher short-term rates and higher long-term rates) could lead to a reduction in Asian institutional demand for US bonds? 1/2
Neutral
Treasuries | Corporate Debt
84
90
618
2023-03-11T19:27:07.000Z
chigrl
Week Ahead is Out! I breakdown Granholm's speech at CeraWeek Spoiler: She admits US permitting red tape is a huge problem that is likely not to be resolved soon with regard to green energy minerals. Also fantastic analysis of $SIVB debacle from @FedGuy12 and @amlivemon
Neutral
General News | Opinion
90
94
722
2023-03-11T19:18:55.000Z
markets
The positivity rate for flu in China jumped to 41.6% in the week beginning March 5
Bullish
Macro
74
98
683
2023-03-11T19:18:10.000Z
economics
China's diplomacy leaves Iran-Saudi tensions unresolved, says @ghoshworld
Neutral
General News | Opinion
93
54
384
2023-03-11T19:16:20.000Z
markets
The problems that triggered SVB's death spiral were hiding in plain sight. Many contenders aren't declared but it beginning to feel like 2024. Here's your Saturday Briefing.
Neutral
General News | Opinion
98
99
684
2023-03-11T19:13:43.000Z
markets
The fallout from the collapse of Silicon Valley Bank is starting to spread around the world
Bearish
General News | Opinion
92
95
685
2023-03-11T19:09:05.000Z
economics
Latin America’s top two economies are moving in opposite directions, with export and investment growth propelling Mexico while Brazil is set to fall into recession, according to JPMorgan
Bearish
Macro
65
99
385
2023-03-11T19:05:56.000Z
markets
Rishi Sunak takes his show on the road, but everyone's talking about Gary Lineker. Here's your Saturday UK briefing
Neutral
Politics
100
94
686
2023-03-11T19:03:57.000Z
JosephPolitano
I think this meme was made by @PretzelGrimm like 10+ years ago and has lived in my head rent-free since then. Obviously very very different situation and scale to 2008 rn but can't pass up the chance to use this again.
Neutral
General News | Opinion
99
90
647
2023-03-11T19:03:56.000Z
JosephPolitano
time to bust out the classics
Neutral
General News | Opinion
99
99
648
2023-03-11T19:03:23.000Z
markets
The world keeps investing in big biolabs — and there's no global consensus on how to manage them. Here's your week of Big Take
Neutral
General News | Opinion
99
99
687
2023-03-11T19:01:00.000Z
ianbremmer
requiring tiktok to store data in us… could set a dangerous precedent (american economy reliant on cross-border data flows)
Neutral
Company | Product News
56
50
560
2023-03-11T19:00:16.000Z
TheStreet
The SEC filed an emergency action against investment advisor BKCoin Management
Bearish
Legal | Regulation
80
99
153
2023-03-11T19:00:07.000Z
zerohedge
Secretive 'Wearable Camera' Startup With Ex-Apple Execs Secures $100 Million, Partners With OpenAI
Neutral
Company | Product News
97
100
38
2023-03-11T18:55:44.000Z
M_PaulMcNamara
Good grief
Neutral
General News | Opinion
98
46
190
2023-03-11T18:49:17.000Z
TheTranscript_
$DIS CEO: "I think in our zeal to grow global subs, I think we were off in terms of that pricing strategy. And we're now starting to learn more about it and to adjust accordingly"
Neutral
Company | Product News
80
62
310
2023-03-11T18:43:40.000Z
MacroAlf
Tomorrow, I'll release an even deeper dive into SVB but most importantly cover the real questions. What about spillover effects to the broader US banking system? What will the Fed do? Subscribe to for more. It's free. 18/18
Neutral
General News | Opinion
100
58
757
2023-03-11T18:43:39.000Z
MacroAlf
A gigantic bond portfolio booked in ridicoulous proportion in HTM, exploiting accounting benefits. Voluntary unwinding (!) of existing rate hedges. Management lobbying to be as exempt from tight regulatory scrutiny as possible. Moral hazard was at play here, imho. 17/
Neutral
Treasuries | Corporate Debt
85
96
758
2023-03-11T18:43:39.000Z
MacroAlf
Would it help to know that SVB’s management repeatedly lobbied to increase the cap for lax regulatory scrutiny and conveniently remained 20-30 billion below the $250 billion threshold? Let's recap. 16/
Neutral
Company | Product News
99
52
759
2023-03-11T18:43:39.000Z
MacroAlf
This allowed SVB to run wild with its investment portfolio and funding base concentration. Well, what’s wrong about that? SVB isn’t the only bank with assets <$250 billion benefitting from this, right? Let me show you what's wrong. 15/
Neutral
Company | Product News
95
85
760
2023-03-11T18:43:38.000Z
MacroAlf
3. That urge to stay away from tighter regulatory scrutiny… The reason why SVB could get around with this terribly risky business model was its size. You see, banks with assets below $250 billion are not subject to the tighter regulatory scrutiny like big banks. 14/
Neutral
General News | Opinion
89
51
761
2023-03-11T18:43:38.000Z
MacroAlf
Fast forward to December 2022, and basically ALL these hedges are gone. This is not just ignorance: a vast use of accounting tricks and a voluntary reduction of hedges. And now the cherry on the cake. 13/
Neutral
General News | Opinion
94
61
762
2023-03-11T18:43:37.000Z
MacroAlf
2. Not hedging: just ignorance, you say? In December 2021, SVB had about $10 billion of interest rate swaps. Probably way too little to hedge the entire book, but that’s not my point. They show a clear understanding of what these swaps are for (red box below). 12/
Neutral
Treasuries | Corporate Debt
99
73
763
2023-03-11T18:43:37.000Z
MacroAlf
Booking bonds in HTM instead prevents gains/losses from showing up at all – convenient, right? Now, see for yourself the outrageous use of HTM accounting SVB did. You don’t book $90 billion of unhedged (!) bonds in HTM by mistake or incompetence – this is moral hazard. 11/
Neutral
General News | Opinion
95
54
764
2023-03-11T18:43:36.000Z
MacroAlf
Many people are now calling for a bailout. But the evidence that moral hazard was at play are too big to be ignored. And we should not reward moral hazard. Here are 3 interconnected facts which are hard to ignore: 9/
Neutral
General News | Opinion
74
99
766
2023-03-11T18:43:36.000Z
MacroAlf
1. The outrageous use of accounting tricks HQLA investments can be booked either under the Available For Sale (AFS) or Held To Maturity (HTM) accounting regimes. AFS investment unrealized gains/losses do not hit the P&L of the bank, but they do show up in the capital. 10/
Neutral
General News | Opinion
97
38
765
2023-03-11T18:43:35.000Z
MacroAlf
...they DID NOT hedge interest rate risk at all! The duration of their huge portfolio before and after interest rate hedges was…the same?! Effectively, there were NO hedges. This means SVB was not applying basic risk management practices, and exposing its investors... 7/
Neutral
General News | Opinion
84
66
768
2023-03-11T18:43:35.000Z
MacroAlf
...and depositors to a gigantic amount of risk. A $120 bn bond portfolio with a 5.6y duration means that every 10 bps move higher in 5-year rate lost the bank almost $700 million. 200 bps? $14 billion economic loss. Basically the entire bank’s capital wiped out. 8/
Neutral
Treasuries | Corporate Debt
55
88
767
2023-03-11T18:43:34.000Z
MacroAlf
Now, what were the problems with SVB? SVB had a gigantic investment portfolio as a % of total assets at 57% (average US bank: 24%) and 78% was in Mortgage-Backed Securities (Citi or JPM: around 30%). But most importantly... 6/
Neutral
Company | Product News
94
41
769
2023-03-11T18:43:34.000Z
MacroAlf
...you enter into an interest rate swap: this time, you pay away a fixed yield and receive variable payments in exchange. There you go: you received a fix rate when buying Treasuries and you pay a fixed rate in the swap – a hedge. 5/
Neutral
Treasuries | Corporate Debt
99
87
770
2023-03-11T18:43:33.000Z
MacroAlf
That’s why banks hedge (!) the lion share of the interest rate risk coming from their bond investments. The mechanism is simple. When you buy Treasuries, you lock in a fixed yield you receive and rising interest rates represent a risk. To hedge that risk... 4/
Neutral
Treasuries | Corporate Debt
88
57
771
2023-03-11T18:43:33.000Z
MacroAlf
As a result of regulation, banks have flushed their balance sheets with trillions of bonds. Such a large amount of bonds on the balance sheet also comes with risks though, right? Interest rate risk comes to mind: if you purchase Treasuries and yields rise, you lose money. 3/
Neutral
Treasuries | Corporate Debt
76
92
772
2023-03-11T18:43:33.000Z
MacroAlf
What SVB did with their portfolio is either a signal of enormous incompetence or of outright moral hazard at play – gamble away billions as policymakers will rescue you I can’t believe incompetence reaches these levels, & there are some clear hints moral hazard was at play 2/
Neutral
General News | Opinion
94
98
773
2023-03-11T18:43:32.000Z
MacroAlf
SVB does not deserve a bailout. A deep look at their financial statement reveals how horrific they were at risk management. And in my opinion incompetence explains only part of it. Moral hazard must have been at play. A thread. 1/
Neutral
General News | Opinion
86
57
774
2023-03-11T18:41:02.000Z
economics
Apartment rents are supposed to come down in the winter, but this year, New Yorkers aren't getting much of a break
Bearish
Macro
64
99
386
2023-03-11T18:40:54.000Z
FerroTV
Kvaratskhelia and Osimhen. Arguably the most exciting strike partnership in Europe right now.
Neutral
Company | Product News
88
94
778
2023-03-11T18:39:21.000Z
chigrl
This is going to be a problem if the West wants to pursue green energy without relying on China (chart via @TCommodity)
Neutral
General News | Opinion
71
97
723
2023-03-11T18:36:04.000Z
tracyalloway
You’re telling me a bank board stacked with VCs was better at building client relations and rapidly expanding deposits during a low interest rate environment than it was at overseeing risk management?
Neutral
Company | Product News
99
75
474
2023-03-11T18:32:29.000Z
jeuasommenulle
If it's true, it's hilarious. If it's false it's hilarious too. So just enjoy the show
Neutral
General News | Opinion
99
98
499
2023-03-11T18:32:23.000Z
economics
President Erdogan has kicked off the toughest election campaign of his career
Neutral
Politics
99
99
387
2023-03-11T18:31:02.000Z
chigrl
Innovation
Neutral
General News | Opinion
99
48
724
2023-03-11T18:30:07.000Z
zerohedge
Locked-Away In 'Conspiracy Theorist' Camps: The Orwellian Dystopia Of The "Censorship-Industrial-Complex"
Neutral
General News | Opinion
98
73
39
2023-03-11T18:29:24.000Z
jeuasommenulle
The fight is ON ! Climate change ? Government fraud ? ESG ? Pick your favourite. #Wodunnit #AgathaChristie
Neutral
General News | Opinion
97
98
500
2023-03-11T18:27:42.000Z
TheTranscript_
$V CFO compares the Visa of today and that of 2008: "15 years is a long time, number one. Number two, we were just going public and the Visa of today is vastly different from the Visa of 2008 on many dimensions"
Neutral
Company | Product News
95
49
311
2023-03-11T18:25:13.000Z
markets
The tycoon emerged as a mining magnate in 2020 after buying a 40% stake in Highland Gold from billionaire Roman Abramovich and other investors
Neutral
Stock Movement
89
57
688
2023-03-11T18:22:26.000Z
markets
China's diplomacy leaves Iran-Saudi tensions unresolved, says @ghoshworld
Neutral
General News | Opinion
93
54
689
2023-03-11T18:20:25.000Z
tracyalloway
Speaking of which, I wrote a bit about this back in December - drawing on our @tylertringas interview from the summer. Illiquidity can be your friend right up until it kills you.
Neutral
General News | Opinion
100
99
475
2023-03-11T18:20:12.000Z
zerohedge
And the crisis will get worse due to the avalanche of defaults coming to commercial real estate/offices and regional bank exposure
Bearish
General News | Opinion
85
67
40
2023-03-11T18:17:00.000Z
markets
There was a 20 degree difference in minimum temperatures across the UK overnight, freezing in the north and milder in the south
Neutral
General News | Opinion
96
95
690
2023-03-11T18:16:42.000Z
tracyalloway
Startups arguing SVB should have been more aggressive in marking down their bond portfolio while also studiously avoiding down rounds… The whole tech industry has benefited (temporarily) from illiquidity.
Neutral
Treasuries | Corporate Debt
44
94
476
2023-03-11T18:15:12.000Z
stlouisfed
Initial claims for unemployment insurance benefits totaled 211,000 in the week ended March 4, an increase of 21,000 from a week earlier; the four-week moving average rose to 197,000
Bullish
Macro
89
98
571
2023-03-11T18:12:15.000Z
zerohedge
Anyone who says banks don't report unrealizes losses on HTM securities has never even opened a bank 10K
Bearish
General News | Opinion
71
71
41
2023-03-11T18:12:04.000Z
tracyalloway
Simultaneously calling for more banking oversight and better risk management but also for continued lending to unprofitable companies is peak libertarian tech bro.
Neutral
Company | Product News
98
60
477
2023-03-11T18:11:33.000Z
markets
Episodes feature real couples in therapy sessions, providing an intimate look at personal and professional relationships
Neutral
General News | Opinion
100
84
691
2023-03-11T18:09:06.000Z
economics
In a survey on luxury purchases, Saks Fifth Avenue found fewer people are planning to spend as much or more
Neutral
Company | Product News
70
79
388
2023-03-11T18:06:23.000Z
elerianm
Many trading desks and policymakers are—and, if they’re not, should—be spending this weekend on #SVB-related scenario analyses on Channels of #contagion within, and importantly, beyond the #banking system: and Disposal of SVB’s balance sheet and business lines. More to follow.
Neutral
General News | Opinion
96
96
470
2023-03-11T18:03:18.000Z
markets
President Erdogan has kicked off the toughest election campaign of his career
Neutral
Politics
99
99
692
2023-03-11T18:00:36.000Z
zerohedge
Then, when the crisis becomes big enough, and Fed cuts rates/resumes QE, the big banks reload on reserves and the cycle begins from square 1.
Neutral
Fed | Central Banks
90
58
42
2023-03-11T18:00:17.000Z
TheStreet
Apple stock could see a surge in 2023 driven by five underappreciated catalysts
Bullish
Stock Movement
99
71
154
2023-03-11T18:00:09.000Z
zerohedge
Big banks - which are not reliant on depositor funding - are incentivized to spark bank runs which will cripple small/regional banks. It's why JPMorgan was poaching SVB depositors on Thursday (per BBG).
Neutral
Company | Product News
75
91
43
2023-03-11T18:00:07.000Z
zerohedge
China Blasts America's "Illegal" Occupation Of Syria In Wake Of Failed House Vote
Neutral
Politics
85
90
44
2023-03-11T17:58:57.000Z
zerohedge
Other banks, mostly small regional banks, have seen their reserve exposure slide thanks to QT, and are increasingly reliant on depositors for funding. 88% of SIVB's total liabilities were deposits. Meanwhile, loan/deposit creation has collapsed due to imminent recession.
Bearish
Fed | Central Banks
92
69
45
2023-03-11T17:57:53.000Z
zerohedge
Why are some banks - like JPM - paying 0.01% on deposits? Because they don't need them, because they are still flooded with Fed reserves on which they collect hundreds of millions in interest daily. In fact, JPM is trying to slash its retail deposits which are a cost center
Neutral
Company | Product News
94
31
46
2023-03-11T17:57:43.000Z
BullTradeFinder
Great week by @expo__jesse trading with the @bulltradefinderTeam 🔥 73% Win Rate ✅ 82% Average Win % ✅ 830% Total Win % ✅ Trade live with us daily! 👇 $SPY $TSLA $SPX $META $NVDA $QQQ $AMD $MSFT
Neutral
Stock Commentary
54
99
593
2023-03-11T17:57:32.000Z
BullTradeFinder
Great week by @expo__jesse trading with the @bulltradefinderTeam 🔥 73% Win Rate ✅ 82% Average Win % ✅ 830% Total Win % ✅ Trade live with us daily! 👇 $SPY $TSLA $SPX $META $NVDA $QQQ $AMD $MSFT
Neutral
Stock Commentary
54
99
594
2023-03-11T17:52:06.000Z
BullTradeFinder
Great week by @papergains for the @bulltradefinder Team 🔥 79% Win Rate ✅ 54% Average Win % ✅ 1228% Total Win % ✅ Trade live with us daily! 👇 $SPY $TSLA $SPX $COIN $GLD $META $NVDA $QQQ $AMD $BAC $PYPL $NEE $BABA $NFLX
Bullish
Stock Commentary
64
99
595
2023-03-11T17:51:03.000Z
BullTradeFinder
Great week by @papergains for the @bulltradefinder Team 🔥 79% Win Rate ✅ 54% Average Win % ✅ 1228% Total Win % ✅ Trade live with us daily! 👇 $SPY $TSLA $SPX $COIN $GLD $META $NVDA $QQQ $AMD $BAC $PYPL $NEE $BABA $NFLX
Bullish
Stock Commentary
64
99
596
2023-03-11T17:47:31.000Z
M_PaulMcNamara
RT @i_zzzzzz: I think a lot of banks fail on purpose just so the executives can hang out with FDIC guys for a few days. It's like when peop…
Neutral
General News | Opinion
97
97
191
2023-03-11T17:40:51.000Z
JosephPolitano
The post-2008 consensus was that there should be an unspoken norm that depositors will always be made whole in the event of a bank failure. Even if uninsured SVB depositors get all their money back (which is likely) that norm has clearly not worked in stopping bank runs.
Neutral
Macro
57
88
649
2023-03-11T17:39:04.000Z
economics
A majority of Canadians sees increasing immigration as an economic boon despite a housing shortage that threatens to further drive up real estate prices and rents
Bearish
Macro
82
99
389
2023-03-11T17:38:49.000Z
zerohedge
RT @michaeljburry: Next, we find our WorldCom. Patience.
Neutral
General News | Opinion
99
96
47
2023-03-11T17:35:33.000Z
zerohedge
RT @InfoRatioed: This is a list of funds who can’t do proper treasury management on $100b of capital Note no hedge funds are caught flat f…
Neutral
General News | Opinion
99
89
48
2023-03-11T17:33:53.000Z
zerohedge
As first discussed here
Neutral
General News | Opinion
96
96
49
2023-03-11T17:31:30.000Z
economics
Chancellor of the Exchequer Jeremy Hunt will hand business a three-year, £11 billion tax break
Neutral
General News | Opinion
99
95
390
2023-03-11T17:31:05.000Z
markets
Chancellor of the Exchequer Jeremy Hunt will hand business a three-year, £11 billion tax break
Neutral
General News | Opinion
99
95
693
2023-03-11T17:30:07.000Z
zerohedge
What Would Happen If American Elites Told The Truth?
Neutral
General News | Opinion
100
92
50
2023-03-11T17:23:51.000Z
BullTradeFinder
Appreciated ❤️
Neutral
General News | Opinion
90
97
597
2023-03-11T17:21:19.000Z
markets
Toronto-based AcuityAds has $55 million in deposits at SVB and just $4.8 million at other banks
Neutral
Company | Product News
99
94
694
2023-03-11T17:19:00.000Z
markets
Ken Griffin, billionaire founder of Citadel, said his firms are in the process of negotiating an enterprise-wide license to use OpenAI’s ChatGPT tool
Neutral
Company | Product News
98
98
695
2023-03-11T17:19:00.000Z
BloombergTV
Ken Griffin, billionaire founder of Citadel, said his firms are in the process of negotiating an enterprise-wide license to use OpenAI’s ChatGPT tool
Neutral
Company | Product News
98
98
739