From Tuomas Malinen’s Forecasting Newsletter.
Issues discussed:
The anniversary of the failure of the Silicon Valley Bank (SVB) is upon us.
Bright spots in the U.S. banking sector are over-shadowed by the looming commercial real estate losses.
The possible ‘liquidity crunch’ is approaching, while the Federal Reserve is to be ‘on hold’ in its March meeting.
I am currently writing the scenarios for the geopolitical future of Europe, which will be published next week. However, I wanted to first comment on the recent developments in the U.S. regional banking sector, noted also by the Chair of the Federal Reserve, Jerome Powell.
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