COMPLIANCE
Wall Street Banks Pass Compliance Tests
23 of Wall Street’s biggest banks passed (without the help of ChatGPT too!) their annual stress tests showing how the big banks are currently strong. Probably giving more reasons for small regional banks to bite their nails.
BANKRUPTCIES
Corporate Bankruptcies Increase
Even though thoughts on a global recession have been like playing on a seesaw, it seems that corporate bankruptcies in the US have surged.
MARKETS
Yield Curves Most Inverted Since 1981
Treasury yield curves are at its most inverted since 1981 (not including Maverick’s famous inverted flying with the Mig-28…), of course this isn’t really telling us anything since inverted yield curves have signalled certain events that we’re not seeing as of yet.
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