What a couple weeks! Confidence in the US banking system has been under immense stress, and some contagion crossed the Atlantic and struck Europe as well. Triggered by a casino in disguise, the troubles have for now been backstopped, but is further distress lurking beneath the surface?
![Equity watch: Fire-sale or Outright Fire in US Bank Stocks](https://stenoresearch.com/wp-content/uploads/2023/01/WS-Asset-Allocation-1-1080x675.png)