Precious Truth Our modern-market circus kicked off this week with the second largest bank failure in US history as First Republic Bank went bust. The [...]

  [Reuters] Biden says not yet ready to invoke 14th Amendment to avoid debt default [Reuters] Wall St Week Ahead: US consumer price data to test [...]

Another humdrum week. The second largest bank failure in U.S. history – to start things off, making for three of the top four over just the [...]

[Yahoo/Bloomberg] Bank Shares Surge After Chaotic Week; Apple Gains: Markets Wrap [Yahoo/Bloomberg] Gold Set for Best Week Since Mid-March on Fears [...]

This week we recap the price surge in gold as it pushed up to $2060 Thursday morning amid further fears of bank failures and stock declines. The Fed [...]

[Yahoo/Bloomberg] Stocks Drop With ECB; PacWest Slumps: Markets Wrap [CNBC] Regional bank stocks continue to slide on Thursday with PacWest leading [...]

[Reuters] Stocks climb out of the red as traders wait on the Fed [Yahoo/Bloomberg] US Regional Banks Slump as Rout Deepens on First Republic Flop [...]

Goldman Sachs Housing Affordability Index At Lowest Level Ever Non-confirmation in the DJIA & DJTA Could Spell Trouble Richard Russell: [...]

[Yahoo/Bloomberg] Stocks Wobble on Amped Up Policy-Tightening Bets: Markets Wrap [Reuters] Stocks on edge as traders wait on central bankers [...]

In the long history of empires, there have typically been detailed accounts of the decline and fall of the center. Greece, Rome, Byzantium, France, [...]

[Yahoo/Bloomberg] Stocks Steady, JPMorgan Wins on First Republic: Markets Wrap [Reuters] Oil drops as economic growth concerns offset OPEC+ cuts [...]

[Reuters] First Republic auction underway, with deal expected by Sunday [Reuters] Wall St Week Ahead Recession worries simmer beneath US stock market [...]

Crisis is a Process The market narrative this week was split between stagflation, as economic growth slows but elevated inflation signals remain far [...]

[Yahoo/Bloomberg] FDIC Asks Banks for Final First Republic Bids Due Sunday [AP] Inflation pressures remain persistent as consumers pull back [...]

For years, we’ve been told the banking system is sound and highly-capitalized – that lessons were learned from the 2008 crisis. Importantly, the [...]