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...Today, US president Joe Biden is expected to speak about the emergency measures taken by regulators to manage contagion from Silicon Valley Bank’s collapse....
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...A fire engine and ambulance arrived within minutes....
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...US regulators have come under fire since SVB’s implosion, which prompted authorities to intervene over the weekend to ward off a more pronounced banking crisis....
...So that’s like, oh, I’ll go to work for McDonald’s, (Ethan laughs) and if the fryer catches on fire, I will pay for the fire department. Ethan WuRight....
...Towards the end of the week banks including Citi, JPMorgan Chase and Wells Fargo report first-quarter results, the first since the recent crisis that took down Silicon Valley Bank....
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...So yeah, I think actually, look, the global stuff is kind of working for him, but obviously it doesn’t help you that much when everything locally is on fire....
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