JP Morgan bought First Republic Bank, the USA’s second-biggest bank failure in history. The Federal Reserve hiked rates another 25 bps to their highest level in 16 years, along with Tuesday's surprise increase from the RBA. Jenny Craig is reportedly closing its operations after 40 years, as it ...

During COVID, right around the world governments suspended normal bankruptcy rules to keep companies alive. And it worked! Bankruptcies plunged in developed countries all over the world. But now, the rules are back to normal. Bankruptcies are starting to rise once more. Is this a sign that the ...

As these things often do, the Silicon Valley Bank situation escalated quickly. Is this a sign that the Federal Reserve has raised rates until they broke something? In this special episode, Nucleus Wealth's Chief Investment Officer, Damien Klassen and Chief Operating Officer, Shelley George lifted ...

Last night in the US we saw a number of regional banks run into issues and have dramatic falls in share price. A range of the largest US banks including JP Morgan, Bank of America and Wells Fargo fell over 5%. Bond yields tumbled (bond prices rose). This could be the precursor to a deeper banking ...

Given the inflation and GDP numbers yesterday, we thought it was worth an emergency look at the emerging crisis in the Australian economy. In this week’s podcast Nucleus Wealth's Chief Investment Officer, Damien Klassen, Chief Strategist, David Llewellyn-Smith and Senior Financial Adviser, Samuel ...