SVB Bailouts! Are More Banks Going to Fail?

March 19, 2023

Adrian Day, the founder of Adrian Day asset management, returns to the show to discuss the recent Credit Suisse default swaps hitting a record high due to the SVB failure and the possibility of more banks failing. We also explore the Fed's dilemma, what Powell may do next, and how the CPI may cause the Fed to pause. With the ongoing bank failures, some wonder if this is Lehman 2.0 and whether gold and silver will strengthen. Furthermore, we discuss the likelihood of a prolonged recession in the near future. Tune in for an insightful discussion on the current state of the economy.

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