“St. Louis Fed Financial Stress Index rises to 1.575 – a level seen only four times during the last 30 years.” —Oktay Kavrak, CFA

“St. Louis Fed Financial Stress Index rises to 1.575 – a level seen only four times during the last 30 years.” —Oktay Kavrak, CFA

In every case VIX hit at least 45. During the last two spikes, it hit 80. pic.twitter.com/V32b5QroiS

— Cheddar Flow (@CheddarFlow) March 28, 2023

St Louis Fed Financial Stress Index Soars To Highest Level Since Covid Outbreak As Bond Volatility Soars With Fed Rate Hikes And Bank Failures As US Treasury 10Y Yield Rises 12 Basis Points (Flight To Safety)

The last time the effective Fed funds rate was this high US debt was just over $9 trillion.
Now the debt is over $32 trillion, more than triple. pic.twitter.com/EEK6Eezatf

— Sven Henrich (@NorthmanTrader) March 28, 2023

West coast home prices crashing. Might have something to do with west coast banks failing:

Portland -0.5%
San Diego -1.4%
Seattle -5.1%
San Francisco -7.6% pic.twitter.com/stGOHsAWV5

— zerohedge (@zerohedge) March 28, 2023