The labor market is simultaneously hot 🔥, cooling 🧊, and kinda problematic 😵‍💫

Plus a brief note on Silicon Valley Bank, and a charted review of the macro crosscurrents 🔀

Mar 12, 2023

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A weird AI-generated image of a bank crumbling.

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Stocks tumbled last week, with the S&P 500 falling 4.5%. The index is now up 0.6% year to date, up 7.9% from its October…

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