21 min listen
MM085: Why Credit Suisse is not the next Lehman Brothers & Elon Musk's U-turn on Twitter
FromMarket Maker
MM085: Why Credit Suisse is not the next Lehman Brothers & Elon Musk's U-turn on Twitter
FromMarket Maker
ratings:
Length:
65 minutes
Released:
Oct 7, 2022
Format:
Podcast episode
Description
In this episode, we discuss what happened to Credit Suisse this week as shares dropped and Credit Default Swaps (CDS) soared amid rumours the Swiss banking giant could be the next Lehman Brothers. But why did the market react so violently and is there any substance to this speculation?Next is Elon Musk, who has thrown in the towel and has revived his commitment to buy Twitter at the original price of $54.50 a share. We look at the possible reasons behind the turnaround and who are the winners and losers in this saga.Finally, OPEC+ unleashed shockwaves in the global crude oil market by cutting production by the most since the onset of the pandemic. The move puts Saudi Arabia on a collision course with the US, so why are they taking such a risk and who will they turn to for protection?Free daily newsletter https://amplifyme.com/market-makerFree Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
Released:
Oct 7, 2022
Format:
Podcast episode
Titles in the series (100)
MM010: Archegos default & Deliveroo IPO disaster: In this episode, I talk to Head of Trading Piers Curran about the role prime brokerage services played in the recent default of Archegos Capital Management. by Market Maker