Notes today:

• Recession may arrive sooner than anticipated..

• First Republic (FRC) down more than 60% in premarket trading as measures taken by regulators so far fail to calm investors.

• Silicon Valley Bank's depositors are helped, equity and bondholders are being wiped out. 

• Signature Bank (crypto scheme focused) closed by regulators ..

• Former board member 

•   

• Ayn Rand  - not so popular in silicon valley today.. But no worries, welfare for adherents,
  hypocrites and frauds -  continues...

• The decision of the Swiss authorities to destroy decommissioned but fully operational and not obsolete air defence systems instead of deliver/sell them to Ukraine is like a decision to destroy bread amid famine. It is way more than just coldness or lack of empathy. It is cruelty. Sergej Sumlenny @sumlenny

• The Russia situation:
• Artist:
  @Patbagley
  
  
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