It's turning into a two commentary week ..

March 20, 2023 |Brad Davidson
It certainly hasn’t been a routine week for capital markets … beware the Ides of March. For those following, we began the week with two U.S. banks being taken offline due to solvency issues. SVB, the first and largest, got caught having its own money...
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U.S. Banks update

March 20, 2023 |Brad Davidson
U.S. Banks Update It seems the interest rate hikes orchestrated by The Fed (the U.S. central bank) are finally showing their effects, but not as expected. The old “rule of unintended consequences” kicked in on Friday as troubles in the U.S. banking sector...
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