• Credit Suisse is borrowing $54 billion from the Swiss National Bank to improve liquidity.
• Goldman Sachs has increased the odds of the US entering a recession to 35% from 25%.
• The Atlanta Fed's GDPNow model estimate for real GDP growth for the first quarter moved up to 3.2%.
• Credit Suisse's credit spreads went parabolic, suggesting investors anticipated a default on the horizon, but received a lifeline from the Swiss National Bank.

The article contains both positive and negative sentiments. The positive sentiment is that the Atlanta Fed's GDPNow model estimate for real GDP growth for the first quarter moved up to 3.2%. The negative sentiments are that Credit Suisse's credit spreads went parabolic, suggesting investors anticipated a default on the horizon, and that First Republic bank's credit rating was cut to "junk".