This edition of the EdenTree CIO View considers the concepts of risk, due diligence and preparedness, which came to the fore during the first quarter of 2023. Markets started the first quarter of 2023 in a buoyant mood, with optimism that inflation had been contained without any real economic damage. This mood was swiftly stifled by the collapse of Silicon Valley Bank and the subsequent rescue of Credit Suisse, which were a tough reminder that the impacts of the fastest tightening cycle in the Federal Reserve's (Fed) history are yet to fully work their way through the economic machiner...
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