New Data Gives Us Badly Needed Details Behind Bank Shock/Crisis. What It Means Moving Forward

By Jeffrey P. Snider of Eurodollar University

Chief Investment Strategist • Apr 10, 2023 at 9:44 PM EDT

The Federal Reserve's H.8 data on US commercial banks shows just how much of a systemic shock the March seasonal bottleneck had produced.

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The Federal Reserve's H.8 data on US commercial banks shows just how much of a systemic shock the March seasonal bottleneck had produced. Institutions got hit with historic levels of deposit declines, emergency borrowings like nothing before, and because of it massive fallout followed - and continues to follow.

Video Length: 00:19:09

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This material has been distributed for informational purposes only. It is the opinion of the author and should not be considered as investment advice or a recommendation of any particular security, strategy, or investment product. Investments involve risk and you can lose money. Past investing and economic performance is not indicative of future performance. Alhambra Investment Partners, LLC expressly disclaims all liability in respect to actions taken based on all of the information in this writing. If an investor does not understand the risks associated with certain securities, he/she should seek the advice of an independent adviser.

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