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Archive of entries posted on 22nd March 2023

Up 25 basis points. Don’t invest in banks. Here’s why. A cheap spec: Allbirds. You never know.

The Fed will up a quarter point today. That’s 25 basis points. It won’t be the end of the world — but simply an acknowledgement that inflation continues, and is above where the Feds would like it. There are two reasons for bank panics — fear and ignorance. Fear: Bank depositors — like you and […]