U.S. consumer confidence declined in April, dropping to its lowest level since last summer. According to a senior economist at The Conference Board, “Consumers became more pessimistic about the outlook for both business conditions and labor markets.” Banking failures, higher borrowing costs, a government impasse over the debt ceiling, and a softening labor market have […]

On Friday, March 10, regulators took control of Silicon Valley Bank as a run on the bank unfolded. Two days later, regulators took control of a second lender, Signature Bank. With increasing anxiety, many investors are eyeing their portfolios for exposure to these and other regional banks. Rather than rummaging through your portfolio looking for