If You Think the Banking Issues Are One and Done, Think Again!
The banking chaos appears to have calmed somewhat this week, with no new banks targeted for deposit outflows. The chart shows that as of the
Obtuse: The Fed & Treasury View of Banking Issues
Despite ongoing silent runs on the Regional and Community Banks, it appears that both Fed Chair Powell and Treasury Secretary Yellen view the events of
An Anatomy of the Banking Crisis
Last Friday (March 10), seemingly out of the blue, the financial world was rocked by the failure of Silicon Valley Bank (SVB), then Signature Bank.
The Silicon Valley Bank Insolvency and the Oncoming Recession: Blame the Fed
The big market-moving event of the week was supposed to be the February jobs numbers on Friday (March 10), but there was never a mention
Market Volatility to Continue – It’s the Economy (Stupid)!
Financial market volatility continued this past week (ending March 3). The equity indexes were up about 2% for the week (the Nasdaq slightly more) after
More Rate Hikes + Soft Landing: Incompatible
Having eased financial conditions through much of January and early February, the financial markets now believe that taming inflation might not be the slam dunk