The banking crisis is shifting rapidly and it’s fluid due to the complex and interconnected global financial system. This update will likely outdate itself by this weekend or next week as the drama unfolds. I began this series by penning a summary of what occurred...
Interest rates jumped last month after a disruption in short-term lending markets. Banks and other financial institutions count on the interbank lending markets to ensure they have access to funding. To compensate for a lack of liquidity, the Fed began giving...
“What matters is not the trigger, but the preconditions that make the system vulnerable.” – Jim Rickards So here we are, ten years to the day of the Lehman Brothers’ bankruptcy on September 14, 2008. The gut-wrenching fear leading up to Lehman’s demise that prevailed...
Despite the focus on China, trade deficit numbers, and cost by the mainstream media, steel and aluminum tariffs are not a Chinese-focused issue. U.S. national security is the focal point commandeered by the administration in a push to rebuild our infrastructure and...
Last week’s stock market insanity should have set off your mercantile sense alarm clock with a high-pitch squeal, indicating that all is not well and it’s beyond the time to consider a more defensive stance with your investment portfolio allocations, (aka a RISK-ON...