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An Update On The "March Banking Panic" | Weekly Round Up

Inflection Point

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The Bank of America's Unrealized Losses

Jason Block: People are really worried about the small regional banks and they've actually fared a lot better than some of the doomsayers certainly said. Bank of America spending on credit and debit cards, people are spending on travel and entertainment, 16% more, 8% more on food, 7% more on retail. For for Amex, I know it was up a lot for Bank of America, you know, not so much. So pretty good on the spending and also the credit story continues to seem good.

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