In this article, Shane Oliver, Head of Investment Strategy and Chief Economist at AMP, offers his perspective on the US banking industry - particularly regarding the three regional US lenders that have collapsed over the past week.
Oliver details the reasons he believes worst case scenarios could be limited and offers insight into topical issues (i.e., inflation, rate rises, risk of recession, etc.) and their impacts on investors.
If you would like to discuss further, please call any of the advisers here at Bennett & Co - Richard Bennett on 07 3876 8131, Tony Garnham on 07 3184 2520, or Michael Lynch on 0412 144 574.