The collapse of two major banks has sparked concerns about the potential failure of other regulated financial institutions, with 'Rich Dad, Poor Dad' author Robert Kiyosaki warning that a crash is imminent.
A senior banking regulator official has assured that Japanese regional lenders have strong capital buffers to protect them from "large" losses on their foreign bond portfolios, dispelling fears caused by U.S. banking issues.
ETFs have become a reliable indicator of investor sentiment, as evidenced by the wild trends seen in the stock market during the first quarter of 2021.
Citi bank downgrades European banks and suggests stocks to buy in preparation for a potential reduction of credit flow due to an ongoing confidence crisis.