Ignore the Crazy: Wow! What a crazy week! Bank failures…..Dow down 700 points during one session. What’s Next? Economist Brian Wesbury says “Ignore the Crazy” and focus on some fundamentals.
Beyond the Crazy: ITR Economics has a few choice words about the SVB debacle (‘they did it to themselves”)….but suggests you look beyond the crazy banking situation and the Fed’s response. Don’t let the current banking fiasco divert your attention from the other actions of the Fed and their impact on the real economy. His March 17, 2023, edition of ITR’s “Fed Watch” explains why.