Tug of War

Tug of War The stock market rally continued this week, but in between there was a lot of up and down action. The S&P 500 Index fell 1.6% on Wednesday, but still managed to gain 1.4% for the week as the market eventually managed to ignore the Fed’s rate cut delay. The yield on the […]
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It’s the Punch You Don’t See Coming that Knocks You Out

It’s the Punch You Don’t See Coming That Knocks You Out The banking crisis has been in the news for better than a month now, but we suspect that the real crisis is ahead of us, not behind us. The ‘disappearing deposits’ problem, that brought down SVB, Signature, and most recently First Republic, could be […]
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