News

Banks are sitting on $500 billion in unrealized losses, and stagflation could cause another Silicon Valley Bank-like crisis
U.S. banks held $482.4 billion in total unrealized losses on securities investments at the end of 2024, according to Federal ...
The Problem With the Fed Isn’t Independence, It’s Accountability
Monetary policy is too technical to be left to the politicians and too political to be left to the technocrats.