Calafia Beach Pundit
Sunday, March 19, 2023

More thoughts on the banking crisis

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By calling into question the value of a significant portion of the country's bank deposits, the recent failure of one or more regional b...
29 comments:
Thursday, March 9, 2023

Swap and credit spreads say no recession

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Today the market was rattled by news that Silicon Valley Bank (SIVB) was forced to sell most of its bond portfolio at a nearly $2 billion lo...
67 comments:
Wednesday, March 1, 2023

M2: the smoking gun of inflation

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Yesterday the Fed released the all-important (but almost completely ignored) M2 money supply statistics for January '23, and they were g...
32 comments:
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