One Click Away from the Next Banking Collapse
The next banking crisis may not begin with bad loans. It may begin with a smartphone notification. For generations, bank runs followed a relatively predictable...
Tag: Silicon Valley Bank
The Monster Beneath the Treasury Market
For years, investors believed the greatest danger facing the bond market was inflation. They were wrong. Inflation was only the trigger. The real danger was...
America’s Inflation Problem Is Becoming Structural Again
For nearly two years, markets repeated the same comforting narrative: inflation was temporary, growth was slowing, and the Federal Reserve would eventually be forced to...
The Dollar’s Last Illusion
For months, markets repeated the same reassuring narrative. The dollar remained strong. US equities remained elevated. Treasury yields continued to attract global capital despite deficits,...
The U.S financial market: unpredictable time
The bankruptcy of SVB raises several questions about the reliability of the US financial sector. It was not subprime loans or high alternative books that...