There’s plenty of news flying around the financial industry over the weekend. We have a few posts today that outline what’s been going on in the banking sector, so be sure to check that out!
Here’s what I’ve been reading this morning:
‘SVB’ – Josh Brown – The Reformed Broker
- The main story over the last few days has been the failure of Silicon Valley Bank. Josh does a great job in this post boiling down the story into something the everyday person can understand and wrap their head around.
‘Top.’ – Josh Brown – The Reformed Broker
- Piggybacking off the previous post, Josh uses this post to discuss the 2 year Treasury yield and why he thinks we’ve seen the top. With everything going on with banks, we *may* have seen the top for yields. Find out why in this post!
‘Bank Runs, Now & Then’ – Ben Carlson – A Wealth of Common Sense
- In the wake of the bank run on Silicon Valley Bank, Ben takes a minute to discuss the nature of bank runs and how they have changed over the years. Technology has really sped up the process.
‘In Retirement: Being Okay With Spending Money’ – Mullooly Asset Podcast
- In this week’s episode, Tim and Tom discuss the transition from working (and receiving a paycheck) to retirement. That sudden feeling of saying “we can’t afford that” looms large for many new retirees. You are not alone! We discuss this topic frequently with clients.