Silicon Valley Bank: A Canary Appears
The FDIC closed and seized Silicon Valley Bank today. After the live broadcast, only certain segments will be available.
What happened? How did this happen? Is it likely to happen to others? Does it matter?
Peace and calm has been shelved for the time being, and now a re-examination of portfolio construction is certainly warranted.
Even monthly employment figures (Non-farm payrolls) were almost irrelevant
Stocks for show, bonds for dough, indeed. At times, I will be speaking in Bondelero-ese, my native tongue, but I will do my very best to speak to those that aren’t fluent.
No Medicare & politics talk, that would take 10 hours.