Good morning. Well, that was fast. The U.S. government yesterday effectively eliminated the cap on Federal Deposit Insurance, telling depositors at Silicon Valley Bank and at another failed bank—Signa...
Tag: NearZero
The past two decades of low inflation and near-zero interest rates were an ‘aberration,’ BofA says. Get ready for an economic ‘regime change’
Inflation and higher interest rates may be here to stay as a new paradigm has emerged for the global economy. At least that’s what Bank of America’s team of investment strategists argued this week. An...