We are closely monitoring the impact of the recent closure of several U.S. banks, including Silicon Valley Bank and Signature Bank, New York.
The recent failures of two regional banks stemmed from different causes than the banking system collapses in 2008–2009.
Recent bank failures carry important implications for the banking industry, economy, and private-equity markets.
Growth accelerated in late 2022, and data released so far in 2023 solidify the case that a recession is not imminent.
The latest debate to raise the debt ceiling could go down to the wire and may roil markets.
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