Investment Updates
Bank Panic And Strong 1Q '23 Economic Growth
Published Friday, March 17, 2023 at: 7:50 PM EDT
Four medium and small sized U.S. banks required Federal regulators to take over management of their operations and assets or shore up their depositor bases since March 7, casting new uncertainties over the investment outlook. The threat to the banking system complicated the Federal Reserve’s aggressive yearlong monetary tightening campaign to choke off inflation without triggering a recession.
The confluence of a banking crisis as the Fed’s following eight hikes in the Fed funds rate in the past year has unnerved the stock market and made short-term Treasury bills yields higher than 10-year Treasury bond yields, which is another strong reason to expect a recession in 2023.
©2023 Advisor Products Inc. All Rights Reserved.
More articles
- Mixed Economic Signals And A Bank Failure
- Service Sector Remained Strong In February, Soothing Investors For Now
- Inflation Rose In January, Indicating Tight Monetary Policy May Continue Into 2024
- Amid Divergent Data, Here's What To Know
- Optimistic Again, Will A Fed Algorithm Be Right Again?
- The Bipolar Economy Of 2023
- On Wednesday, We’ll Know If The Federal Reserve Will End Inflation By Causing A Recession
- Technology Drove S&P 500 1.9% Higher Friday, But Look At Tech's Terrible 2022 Loss
- Here What To Know To Invest Wisely
- Prudence Requires Positioning Portfolios For An Economic Expansion
- 2022 Was The Worst Year For Stocks Since 2008
- 4Q '22 Is Closing Strong, But Recession Expected In 1Q '23
- A Key Principle In Fruitful Investing
- Plan Now For The Next Recovery
- Ending Inflation Will Take Months