A recession seems all but certain, as the Fed is still expected to push interest rates higher by a 0.25 percentage point later this March, despite the recent run on the banks.
March 15, 2023 at 06:06 PM
7 minute read
With the head-snapping implosion of Silicon Valley Bank and cryptocurrency lenders, Signature and Silvergate Bank amidst speculation of independent auditor complicity, this past week, it feels like 2008 all over again.
Only this time, we’re in a post-Dodd-Frank world and Barney Frank is on the board of Signature.
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