Stableford Market Commentary March 2023

Market Charts and bags of money

Banking woes pushed the 24/7 inflation watch to the back pages for the first time in a year. Financial stability fear is the first real push-back to the relentless Fed rates hikes, and it is having real impact. Early in March it seemed the Fed was on its way to re-accelerating to a 50 basis point increase. But the bank deposit crisis caused the Fed to slow in order to maintain financial stability. The March Market Commentary will help explain what is going on.

Stableford