What Caused the Collapse of Silicon Valley Bank?

Despite 'Survey' Sadness, Jobless Claims Slide Near Historic Lows The number of Americans filing for jobless benefits for the first time fell to just 207k (below the 213k expected and down from the prior 209.25k) - back near its lowest levels in 5 years (and trend towards its lowest level in 50 years)... Source: Bloomberg Despite a small pick up last week, Continuing jobless claims have been below the 1.9 million Maginot Line since the start of the year... Source: Bloomberg Finally, as the following chart suggests, while it may be "hard to get"...

IRGC Navy Turns Back Containership Seeking Hormuz Passage As Iran Starts Charging $2 Million Toll Amid reports of increasing traffic through the Strait of Hormuz, Alireza Tangsiri, a commander of the Islamic Revolutionary Guard Corps Navy, said on X that the containership Selen was turned back by the IRGC Navy for "failing to comply with legal protocols and lacking permission to transit the Strait of Hormuz." Needless to say, that is an upgrade from firing missiles at it. کشتی کانتینربر SELEN به دلیل عدم رعایت پروتکل‌های قانونی و نداشتن مجوز عبور از #تنگه_هرمز،...

Should You Keep Your Target-Date Funds In Retirement? Authored by Javier Simon via The Epoch Times (emphasis ours), Target-date funds (TDFs) can be effective retirement savings vehicles for many investors. Target-date funds adjust risk over time, but their limited flexibility can make them less suitable for complex retirement plans. SsCreativeStudio/Shutterstock TDFs are professionally managed portfolios often built with various mutual funds. They are designed to automatically adjust their asset allocation of stocks, bonds, cash and sometimes alternative investments to become more conservative as you reach the target date. Over time, these funds reduce exposure...