Money Distilled

Don’t Panic. It’s Just US Regional Banks Again

There are a lot of canaries in this coal mine all of a sudden.

The Zions Bank headquarters in Salt Lake City. 

Photographer: Kim Raff/Bloomberg
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Welcome to the multi-award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.

Bit of a panicky day in markets. You know the drill by now. Stay calm, stick to your plan, breathe.