Happy Sunday! This week, we dodged a “black swan” event. I’ve known since my bank management course in college that rising rates can cause pain for banks, but I didn’t anticipate that this might cause the 8th largest bank in the US to collapse in under 48 hours.
Black Swan
Black Swan
Black Swan
Happy Sunday! This week, we dodged a “black swan” event. I’ve known since my bank management course in college that rising rates can cause pain for banks, but I didn’t anticipate that this might cause the 8th largest bank in the US to collapse in under 48 hours.