BREAKING: First Republic Financial institution shares drop by file 67% on the open earlier than buying and selling halted t.co/iB5QEbeIcX pic.twitter.com/GshnUFoIUy

— Bloomberg Markets (@markets) March 13, 2023

NYSE HALT FIRST REPUBLIC FOR ADDITIONAL INFORMATION, LAST AT $28.56.

— Breaking Market Information (@financialjuice) March 13, 2023

One cause why First Republic financial institution seems to be like its imploding might be as a result of it really cannot profit from the Fed’s new bailout facility.

You want Treasuries and Company MBS to faucet the power, and so they barely personal any. pic.twitter.com/XY3927ZPse

— Joseph Wang (@FedGuy12) March 13, 2023

*WESTERN ALLIANCE SINKS A RECORD 76%; HALTED FOR VOLATILITY t.co/RSDu2ankJ3

— zerohedge (@zerohedge) March 13, 2023

$vix flying in the present day pic.twitter.com/ZkFF1Xom8x

— Álvaro Oviedo 🇺🇦 (@alvoviedo) March 13, 2023

The margin name vibes are beginning to kick in

Biden talking on bailout program and reassuring shoppers, quite a few financial institution shares imploding premarket, 95% of Individuals don’t know what SVB or SBNY are. Gl. pic.twitter.com/ijmx8vWr6q

— Don Johnson (@DonMiami3) March 13, 2023

That is unbelievable:

After the collapse of SVB, Fed futures now present a 23% probability of ZERO fee hikes this month.

The bottom case is now charges rising to five.00% whereas simply final week it was 6.00%.

Futures now see 5 fee CUTS by subsequent summer time.

Markets assume that SVB broke the system. pic.twitter.com/PU2oPde6E7

— The Kobeissi Letter (@KobeissiLetter) March 13, 2023