What a week!
Much like petrichor before the arrival of a big storm, for many of us who have invested long enough, we got a smell in the investing air that we hoped we would never have to live through again.
Over the weekend I wrote a piece on the current banking “crisis” explaining what has happened to date and my views from here. Be sure to read the article though there has been an update that UBS has purchased Credit Suisse in a deal aided by the regulators. This US$3.2B takeover of the 165 year... Читать дальше...