Blog Archives

It is Not True that the US Treasury has Never Defaulted

Most recently, market chatter has revolved around the debt ceiling, with finger-pointing all around. Investors, business owners, heck – all citizens, are worried that Congress will not come to an agreement around raising the debt ceiling. But is it true, … Continue reading

Silicon Valley Bank: Update!

We wrote this blog a few days ago, but already a lot has happened. SVB as everyone knows went into dissolution. Along with it went Signature Bank, and now First Republic has accepted capital infusions and loans to stay afloat. … Continue reading

Faith in the Fed?

Ever since the Federal Reserve was founded in 1913 as a result of upheaval in the wake of the 1907 banking panic, it has depended on the public faith to maintain its legitimacy. Yet throughout history that faith has waxed … Continue reading

Another Leg of the Economy Bites the Dust

Over the last several years, the US economy has benefited from low-priced money in so many ways. One of those is ready capital for start-up companies, which allowed those start-ups to sell products and services at a loss. Uber, DoorDash, … Continue reading

How Bad Can it Get?

The stock market has declined over 10% due to fears over the economic impacts of Covid 19, aka the new coronavirus. While that number isn’t such a severe reaction – we were down 20% just as recently as the fourth … Continue reading