This podcast is a recording from our recent Town Hall hosted by our Vice President of Investor & Corporate Relations Omar Cuevas.

Recently, Silicon Valley Bank was closed by state banking regulators, and New York officials did the same to Signature Bank. What does this say about the stability of the banking system? Additionally, inflation continues to be higher than economists’ expectations. 

Links mentioned in Town Hall:

New York Times article: https://www.nytimes.com/interactive/2023/03/18/business/why-people-are-worried-about-banks.html

Federal Reserve Inflation graph: https://fred.stlouisfed.org/series/M2SL