ET Pro Geopolitical Conflict Monitor

Are We Having Fun Yet?

By Ben Hunt | March 28, 2023 | 0 Comments

Assuming that Treasury and the Fed have stopped the immediate, fast-motion bank run at First Republic and created a reasonable firewall (and I think they probably have), what’s the impact of this credit freeze on the overall economy? Is this a polar vortex credit freeze that throws us into a nasty recession, or just a mild cold snap?

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Office Hours Recap 03/24/2023

By Harper Hunt | March 28, 2023 | 0 Comments

These are the major topics and ideas we discussed during the 03/24/2023 Office Hours as well as some of the biggest takeaways. If you have something you want to add to the conversation, let us know in the comments and join us next time.

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Why Am I Reading This Now? 03.27.23

By Harper Hunt | March 27, 2023 | 0 Comments

Recent major media stories that feel to us like they’re part of a larger narrative campaign.

Office Hours Recap 03/17/2023

By Harper Hunt | March 20, 2023 | 0 Comments

These are the major topics and ideas we discussed during the 03/17/2023 Office Hours as well as some of the biggest takeaways. If you have something you want to add to the conversation, let us know in the comments and join us next time.

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Why Am I Reading This Now? 03.20.23

By Harper Hunt | March 20, 2023 | 0 Comments

Recent major media stories that feel to us like they’re part of a larger narrative campaign.

Dark Forest: The Brutal Game of Modern Banking

By Ben Hunt | March 17, 2023 | 55 Comments

I think that the Big Banks’ collective deposit of $30 billion in uninsured accounts with First Republic is the first step in solving the Dark Forest problem of the American banking system.

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The Phone Call Is Coming From Inside The House

By Ben Hunt | March 15, 2023 | 0 Comments

Last week I wrote that my spidey-sense was not tingling when it came to systemic risk for the banking system, that I just didn’t see the pervasive rot that would create a real worry about the stability of the *system*.

Today my spidey-sense is tingling like crazy.

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Office Hours Recap 03/10/2023

By Harper Hunt | March 14, 2023 | 0 Comments

These are the major topics and ideas we discussed during the 03/10/2023 Office Hours as well as some of the biggest takeaways. If you have something you want to add to the conversation, let us know in the comments and join us next time.

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Why Am I Reading This Now? 03.13.23

By Harper Hunt | March 14, 2023 | 0 Comments

Recent major media stories that feel to us like they’re part of a larger narrative campaign.

Book Value

By Ben Hunt | March 10, 2023 | 0 Comments

Over the past week we’ve had one bank fail (Silvergate) and another forced to raise new equity and start protesting-too-much about how there’s no slow-motion run on the bank (Silicon Valley Bank). The question, of course, is whether these two banks are canaries in the coal mine.

Has systemic risk returned to the banking system?

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