Goldman Sachs just told us the banking crisis makes it more pessimistic about the economy - and other recession signals are blaring too

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This week felt like the longest month ever. Phil Rosen here — who knew you could age so precipitously in so few calendar days? 

Dow jumps 372 points as US stocks surge on rescue plans for struggling banks

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Bank turmoil drags oil prices down to 15-month low

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REUTERS/Donna Carson

'Big Short' investor Steve Eisman says it'll be bad news for stocks if the banking crisis causes the Fed to pause: 'You should be scared'

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Steve Eisman
"Big Short" investor Steve Eisman.

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Elizabeth Warren scoffs at the idea that banks like SVB can be trusted to do their own stress testing: 'I taught school for many, many years. And I did not let my students do their own testing'

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Massachusetts Sen. Elizabeth Warren
U.S. Sen. Elizabeth Warren criticized regulators this week for protecting SVB depositors following the bank's failure.

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The US is heading for a credit crunch and now is the time to buy gold and bitcoin, Galaxy CEO Mike Novogratz says

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Mike Novogratz

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Billionaire David Rubenstein says the Fed will keep hiking in March to show it's still fighting inflation despite SVB collapse

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David Rubenstein Davos
Carlyle Group's co-founder and co-CEO David Rubenstein.

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The Fed should keep up the fight against inflation as SVB collapse is not like the 2008 crisis, Morgan Stanley Wealth Management CIO says

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Federal Reserve Chairman Jerome Powell testifies during a Senate Banking Committee hearing on Capitol Hill in Washington, Tuesday, March 7, 2023.
Federal Reserve Chairman Jerome Powell testifies during a Senate Banking Committee hearing on Capitol Hill in Washington, Tuesday, March 7, 2023.

AP Photo/Andrew Harnik

A top real estate economist breaks down how the Silicon Valley Bank failure can push more homebuyers into the housing market as mortgage rates fall faster than expected

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Credit Suisse was losing the faith of investors long before the SVB debacle. Here's why the situation came to a head this week.

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Credit Suisse's stock is plunging as investors fear a banking crisis.

AP Photo/Schalk van Zuydam

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