March 15, 2023

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Saudi Decision On Credit Suisse

Please click here for a chart of Credit Suisse stock (CS).

Note the following:

• The Morning Capsule is about the big picture and not an individual stock.  The chart of Credit Suisse (CS) is being used because it is the cause of the market drop this morning.
• Credit Suisse was once one of the most systemically important banks in the world.  Credit Suisse handled the 2008 financial crisis better than other major global banks.  It did not need a government bailout.