SBB still tilting in favor of 25 basis point hike as opposed to 50 so it almost seems like what Powell was talking about earlier this week opening the door to 50 is somewhat old news. Bitcoin believe it's had its worst week since November due to the equity sell-off fear over higher rates and really an escalating US regulatory crackdown on crypto combining to hurt investors sentiment again. Mike Belchie he's co-founder and CEO Bitco which provides the operational backbone for more than 1,500 institutional clients in over 50 countries storing digital assets securely.
Anton Schutz, President and CIO at Mendon Capital Advisors and Bloomberg Intelligence Senior Analyst for US Regional Banks Herman Chan discuss the possibility of contagion for banks related to the instability of Silicon Valley Bank. Amy Hunter Glaser, Senior VP at Adecco and Bloomberg News Economics Editor Molly Smith break down the February jobs report and possible impact on Fed policy. Mike Belshe, CEO of BitGo, talks about institutions storing digital assets securely. And we Drive to the Close with Christopher Zook, CIO at CAZ Investments.
Hosts: Carol Massar and Jess Menton. Producer: Paul Brennan.
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