The dust is still settling in the banking industry and has caught a few European banks off guard. We are not quite out of the woods as a few more trees may fall.
Credit Suisse’s struggles looks to be unrelated to the regional U.S. banks, the combination could prompt a reexamination of the banking system.
We continue to see rate improvement this week and expect this to continue. Next week the Feds meet, we will see what happens then.
On a happy note, a Japanese company received a Guinness World Record when it harvested a giant radish that weighed in over 101 pounds.
Manda Fermentation Co., is a supplement and fertilizer company.
Have a great rest of your week and call or email anytime.