Banking Business

Welcome to the month of May, everyone. Spring is upon us here in the Northern Hemisphere, the days are longer and the sky is brighter. And to welcome in the month, we have another bank failure with First Republic officially biting the dust. Though this is not unexpected, given the way last week ended, it's still a shock as its the 2nd-largest US bank failure in history.

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Key Economic Events Week of 5/29

5/30 9:00 ET Case-Shiller home prices
5/30 10:00 ET Consumer Confidence
5/30 1:00 ET Goon Barkin
5/31 8:15 ET ADP jobs report
5/31 10:00 ET JOLTS
5/31 12:30 ET Goon Harker
6/1 8:30 ET Productivity & Unit Labor
6/1 9:45 ET S&P Manu PMI
6/1 10:00 ET ISM Manu PMI
6/2 8:30 ET BLSBS

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