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After a booming start to 2023, the S&P 500 has come back to earth, now in the midst of a 6% pullback (closing prices). This is par for the course for equity investors with an average intra-year drawdown of 16% since 1928

00:01 - 13/03/23

US bank stocks plunged by most in 3yrs after Silicon Valley-based lender SVB Financial took steps to shore up its capital position, stoking concern that soaring rates eroding balance sheets across fin industry. SVB crashes a record 60%, KBW Bank index 8%.

Average 30-Year Mortgage Rate in the US...

Vanguard sees lots of potential in Turkey’s long-shunned bond market — if President Erdogan loses an election for the first time in 20 years

BofA says low-inflation era over with more dollar strength ahead