Blog & Resources

Banking & Risk Management (or the Lack Thereof)

Banking & Risk Management (or the Lack Thereof)

Much has been written about the SVB (Silicon Valley Bank) failure, the largest U.S. bank failure behind Lehman Brothers back in September of 2008. Articles have extensively covered how it happened and what the impact is to...

Economic Risk Monitor – 2022 Q4

Economic Risk Monitor – 2022 Q4

As we enter 2023, the U.S. economy is still beset by high inflation, and the Fed’s policy response threatens to stall economic growth. A housing correction is fully underway, and there are continuing signs of cracks in an otherwise apparently robust labor market.

Economic Risk Monitor – 2022 Q3

Economic Risk Monitor – 2022 Q3

Headwinds are on the economic horizon, fueled by uncontrolled inflation, rapidly rising interest rates, a housing market correction, and signs of emerging labor market weakness.

As Housing Goes, So Goes The Economy

As Housing Goes, So Goes The Economy

Those words, uttered by President George H. W. Bush in 1992, may be a harbinger of things to come, if the most recent home price data is any indication. After more than a year of widespread bubble-like increases in home prices across the U.S., the June data revealed the first cracks in the housing bubble. Driven by a combination of affordability challenges brought on by the significant run-up in prices, and a 275 basis point (bp) increase in the average 30-year fixed mortgage rate in just six months, the nascent turn in home prices could signal a shift in the direction of overall economic activity.