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Payne's Perspective: January 2, 2024: The Journey Begins

By Charles Payne CEO & Principal Analyst

Every calendar year sees an assortment of surprises in the economy and stock market. Not only did 2023 have surprises, but the reaction to those surprises was also surprising. Who knew three of the largest bank failures in American history wouldn’t trigger a run on the banks?

Incidentally, there are still several ramifications from those bank bankruptcies. Unrealized losses at commercial banks are in the hundreds of billions of dollars.

To read full report contact your account representative or email Info@wstreet.com. 

Charles Payne
Wall Street Strategies


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