Another One Bites the Dust.
Market Update from Walter Todd

From First Republic to the Second Largest Failure

Was First Republic another casualty of the Fed’s dramatic rate increases? As another bank collapses, Walter sits down to address the implications of another financial institution’s downfall, outlining how the quick actions from the FDIC and JP Morgan limited the systemic risk. He also discusses the broader economic situation in the US, including whether Mega-Cap stocks are inflating market performance.

Greenwood Capital is an SEC-registered investment advisory firm. This material has been prepared for information purposes only, is not intended to provide, and should not be relied on solely for tax, legal, or accounting advice. Subtitles are automatically generated.

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