Bill breaks down the timeline of events of the banking crisis that began in March 2023 and explains what happened. How big of a deal were the bank failures? Why did this happen? How much does this matter for you and the average investor? Bill gives his thoughts on whether we are heading for a recession while Anastasia manages to break down the very not-intuitive relationship between interest rates and bond prices. She also creates analogies to the banking crisis using examples from the 1946 film, "It's a Wonderful Life," and Harry Potter.

For questions and comments, you can email Bill and Anastasia at [email protected].