Razvan Baba

A preview of next week's FOMC Press Conference:

This is $1 USD in Venezuelan Bolivars.🔥

The numbers are in. The Fed's balance sheet increased by nearly $300 billion last week.

Peace was never an option

Live look at the banking system

Python 🐍 decorators are often considered an “advanced” topic. But they don't need to be hard. Let me explain 👇 how decorators are an elegant and powerful tool. 🚀

"Now we're facing the perfect storm: inflation, stagflation, recession, and a potential debt crisis," Nouriel Roubini has said.

This guy acquires companies for breakfast, lunch, and dinner. But never sells them. The coolest software billionaire you've never heard of 🧵

*the financial system is collapsing* me and the homies when the stock market opens tomorrow:

Last month, ChatGPT predicted the stock market would crash on March 15. Today is March 15.

WTF? The markets are now pricing in a probability of default of 47% for Credit Suisse. What have I missed?

25bps rate hike and it will buff right out *BANKS THAT ARE CREDIT SUISSE TRADE COUNTERPARTIES ACQUIRE CDS

The Fed’s detailed bailout plan 🔥🔥🔥

Python Clean Code Tip: Avoid storing things like secret keys, passwords, connection strings, and API keys inside your code. Instead, use a secrets management solution like AWS Secrets Manager or Vault. This prevents secrets leakage via version control 👇

Kevin O'Leary has said he will never buy a bank stock again as Biden "has essentially nationalized the industry" post-Silicon Valley Bank.

Here we go again! Millennials can't catch a break.😥

If all bank deposits are now insured 100% by the US govt … what new moral hazards are we building into the system? If there is zero risk to bank risk managers making lousy decisions, they can “bet the bank” for their annual bonus, knowing the US govt will cover them if wrong.

It will be interesting to see where #gold and #silver prices open tonight and tomorrow during regular trading. If there is a real banking and credit crisis, gold will be +50 to +$100 per oz and we will be at all time highs within a week. Depends on if the Fed is forced to reduce rate hike expectations or stop completely.