Newsclips

Bank Liquidity Is Still the Issue!

April 3, 2023

We keep returning to the issue of depositors withdrawing funds from banks for higher-yielding alternatives. This is a liquidity crisis impacting the liability of side of the banks' balance sheets. Banking data released late last week show the...

Newsclips

What Will the Fed Do Next Week?

March 15, 2023

In this confusing environment, we believe the Fed will take its cue from the stock market in deciding what to do next week.