Silicon Valley Bank Tag

CPI Confirms Fed is Close to Stopping

14 Mar, by Knowledge Leaders Team in Economy

Headline CPI came in today as expected at 0.4%, however core inflation (ex food and energy) came in slightly higher at 0.5% versus the estimated 0.4% increase. Before the Silicon Valley Bank failure and currently ongoing banking rout unfolded last week, Jerome Powell said he...

Fed Repriced Out of Action

13 Mar, by Steven Vannelli, CFA in Economy, Markets, News

We just experienced the fastest bank run in history with the closure of Silicon Valley Bank. Apparently over 40% of the company’s deposits fled last Thursday and early Friday before closure. To put this is context, when Continental Illinois—at the time, the largest ever bank...