Market Matters from New York Life Investment Management
The Global Market Strategy team brings a fresh look at what matters for the economy, markets, and a multi-asset portfolio. Tune in for a weekly dose of what’s driving portfolio decision-making at New York Life Investment Management.
Market Matters from New York Life Investment Management
What banking sector stress means for the economy (March 20, 2023)
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Julia Hermann is joined by Steve Friedman, Managing Director and Macro Economist at MacKay Shields, for a discussion of what caused the failure of Silicon Valley Bank, what the regulatory response means for broader policy, and how select pockets of stress in the banking sector have affected the economic outlook moving forward.