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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Zero Edge

Silicon Valley Bank, At Center Of Venture Capital Bubble, Suffers Record 60% Crash Amid Sudden Liquidity Crisis

March 10, 2023 Mariel Alumit

Is the bursting of the tech bubble finally spilling over to the financial system? One day after the biggest crypto-focused bank, Silvergate Capital, announced plans to unwind and liquidate after a deposit run effectively killed […]

Aljazeera International

Lebanon government failing to uphold ‘right to electricity’: HRW

March 10, 2023 Mariel Alumit

Lebanese authorities have failed to uphold the right to electricity by mismanaging the sector for decades, Human Rights Watch has said in a newly released report. The US-based watchdog on Thursday said that electricity must […]

Bank
Zero Edge

Bank Bloodbathery Sparks Widespread ‘Risk Off’

March 10, 2023 Mariel Alumit

First Silvergate, now Silicon Valley Bank, Signature Bank, and Silly old JPMorgan – all getting hammered lower for various financial and reputational reasons… SIVB has lost over half its value amid heavy losses on startup […]

Big Oil Companies

Investors Start To Realize The Energy Transition Will Take Decades

March 10, 2023 Mariel Alumit

Authored by Tsvetana Paraskova via OilPrice.com, Everyone in the oil and gas industry is now talking about decarbonization and net-zero emissions. Energy security and affordability have made their way to the top of the agenda. […]

Railway
Energy Policy

Railway CEO apologises for toxic train crash at US Senate hearing

March 9, 2023 Mariel Alumit

The CEO of Norfolk Southern Railway has apologised before the United States Congress and pledged millions of dollars to help the town of East Palestine, Ohio, recover from last month’s fiery derailment of a train […]

corruption
Electrical Generation / Utilities

What the guilty verdicts in the HB 6 corruption case mean for energy policy and good government in Ohio

March 9, 2023 Mariel Alumit

This article is provided by Eye on Ohio, the nonprofit, nonpartisan Ohio Center for Journalism, in partnership with the nonprofit Energy News Network. Please join the free mailing lists for Eye on Ohio or the […]

Friday
Financial Crisis

Why Friday’s Jobs Report Won’t Save The S&P 500 From Fed Hawks

March 9, 2023 Mariel Alumit

The Federal Reserve’s data-dependence might suggest that a more mild jobs report on Friday and tamer CPI inflation reading next week could still result in just a quarter-point rate hike on March 22. Don’t bet […]

Jones
Financial Crisis

Dow Jones Losses Deepen Despite Jobless Claims Surprise; Microsoft’s New Bing Hits 100 Million Daily Users

March 9, 2023 Mariel Alumit

The Dow Jones Industrial Average fell 0.5% at 1:30 p.m. ET Thursday, even as several leaders gained. Indexes accelerated losses and sank to session lows. What Is CAN SLIM? If You Want To Find Winning […]

Finance

30Y Treasury Auction Tails As Yields Tumble

March 9, 2023 Mariel Alumit

With stocks suddenly tumbling (despite today’s jump in initial claims) and risk collapsing and sending yields sharply lower across the curve amid a wholesale flight to safety, the lack of any concession did not benefit […]

Finance

Recession Is Needed To Curb Inflation

March 9, 2023 Mariel Alumit

Authored by Law Ka-chung via The Epoch Times, The year 2023 seems a turnaround year for the world economy: Not only in the real estate sector, where prices are on the rebound. Indeed, inflation and […]

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