Weekly Market Update

The BlackSummit Team | March 25, 2023 Global Market News US Equities Rise The S&P 500 was up 1.39% on the week while the Dow Jones closed up 1.18%, with the Nasdaq rising 1.66%. The US 10-year Treasury yield slid to 3.37% while the price of a barrel of West Texas...

CROSSROADS

At the Intersection of Geopolitics and Geoeconomics March 21, 2023 | Volume 6, Issue 3 | The BlackSummit Team Here is a summary of important events that unfolded over the last month, and which may affect economic, financial, and geopolitical issues in the months...

Silicon Valley Bust

“On Monday, March 10, the rumor started: Bear Stearns was having liquidity problems.” 15 years later to the day, the FDIC would put Silicon Valley Bank in receivership, marking the second largest bank failure in U.S. history and sending financial markets to reexamine...