Weekly Market Update – March 24, 2023
Quick Takes The fast-developing banking crisis continued to be a primary focus for investors for another week. After three mid-sized U.S. banks in just two weeks, as well as Credit Suisse being sent into the arms of its Swiss neighbor UBS, now Germany’s Deutsche Bank...
Weekly Market Update – March 17, 2023
Quick Takes There were big inflation reports during the week, but most of the market’s attention was on the continuing drama surrounding several bank failures and what the resolutions might be to avoid further damage. One of the latest actions was a group of the...
Silicon Valley Bank Insolvency: What You Should Know
The recent news about the insolvency of Silicon Valley Bank (SVB) has sparked concerns and questions among investors and individuals alike. As one of the largest banks in the country, catering to tech and life sciences startups, SVB’s fall has sent shockwaves through...
Weekly Market Update – March 10, 2023
Quick Takes The threat of rates going “higher-for-longer” has weighed down stocks and bonds over the last several weeks. And data on Friday showed the crucial U.S. services sector had its strongest activity since the summer, yet rather than fall, the S&P 500...