With the debt ceiling resolved and excitement over artificial intelligence bordering on irrational exuberance, risk appetites for stocks increased in June. As in recent months, investors continued to favor technology stocks over the rest of the market.
On our last Monthly Strategy webinar, we acknowledged investor frustration as the markets muddle through this awkward part of the economic cycle.
The events surrounding the failure of Silicon Valley Bank and Signature Bank – the second and third largest banks to ever fail in this country – during the last month were the center of attention.
Before discussing recent developments in the global banking industry and their potential impacts to the economy, we want to emphasis that your assets are safe.
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