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Monday Headlines: Flight to money funds adds to strain on small banks

By Matt Stichnoth, April 3, 2023

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Bloomberg: Flight to Money Funds Is Adding to the Strains on Small Banks

Financial Times: US regional banks reduced cash buffers ahead of run on deposits

New York Post: Republic First shares tank, traders confuse bank for plagued First Republic

CNBC.com: San Francisco Fed leader Daly likely not a major player in SVB saga, officials say

Bloomberg: Bank Turmoil Collides With Tech Slump in Battered San Francisco

New York Times: The Value of Regional Banks

Financial Times: Shadow banks could yet cause trouble

Wall Street Journal: SVB Collapse Complicates Banks’ Efforts to Unload More Than $25 Billion of Junk Debt

New York Times: How Small Businesses Can Find Safety Before the Next Bank Crisis

Financial Times: Investors join opposition to SEC stock market reforms

Bloomberg: OPEC+ Makes Shock Million-Barrel Cut in New Inflation Risk

Categories: Thoughts and Comments

Investors have been bearish for too long. That’s good.

Uh-oh. Office rents are starting to fall.

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