More banking failures incoming…

  • Shares of Western Alliance Bancorp fell as much as 17% on Wednesday.
  • The lender did not disclose a dollar amount for total deposits, a crucial metric for investors following the SVB crash.
  • Western Alliance is down 62% in the past month amid turmoil in the banking sector.

markets.businessinsider.com/news/stocks/western-alliance-stock-price-bank-crisis-svb-credit-suisse-2023-4

Everything costs 2X as much as it did in 2020, it isn’t surprising people need to withdraw from their savings just to get by.

Blackstone REIT limits investor redemptions again in March

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www.reuters.com/business/finance/blackstone-reit-limits-investor-redemptions-again-march-2023-04-03/

h/t  BoatSurfer600

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