In This Issue ...

Be sure to set a reminder on your device of choice: June 23 at 4:30 p.m., EDT. That's when the Federal Reserve will announce the findings of its annual stress tests of major U.S. banking institutions. With the uncertainty in markets today − as exemplified by $5 gasoline and rising consumer prices for groceries and other necessities in the U.S. − some of the Fed's stress hypotheticals might read more like reality. We shall see.

In the meantime, we have continued activity in the digital assets/crypto space to examine, in the U.S. as well as in the UK and Europe. We take a closer look in this week's issue.

What's on your mind? We'd love to hear from you.  

Daniel Meade and Michael Sholem
Co-Editors, Cabinet News and Views

June 9, 2022
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