Justin Wolfers, professor of public policy and economics at the University of Michigan, says the economy is in much better shape than most people think, and the Fed actually can hike rates while putting out the fire storm around banks. Plus, Big Tech is back in the driver's seat as investors return to their old favorites in search of safety and the prospect for a pause in rate hikes.
LINKS FOR SHOW NOTES
https://www.investopedia.com/usb-and-credit-suisse-forced-to-merge-7367988
www.businesswire.com/news/...c-Bank
www.federalreserve.gov/newsevents/pressreleases/monetary20230312a.htm
www.sipc.org/for-investors/what-sipc-protects
https://fordschool.umich.edu/faculty/justin-wolfers
https://twitter.com/JustinWolfers
www.investopedia.com/terms/l/liquidity-coverage-ratio.asp