What a year 2023 has been! We started the year off with every economist out there predicting a terrible, horrible, no-good recession hitting the US as a result of all the interest rate hikes the Central Banks were doing. And then we got the Silicon Valley Bank collapse, followed by Signature Bank, followed by First Republic. The total value of assets that were lost in these mid-level bank failures was actually higher than the Lehman Brothers collapse that kicked off the Great Financial Crisis of 2008. And then, oh yeah, war broke out in Israel in October. Super. That’s all […]
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