Blog | Dunham

Macro 10/3/2025

Bank Reserves Are Shrinking — Is a Liquidity Crunch Next?

U.S. bank reserves are shrinking at their fastest pace in years — slipping below $3 trillion and draining liquidity from the system. History shows ...

Banking 4/30/2024

Is Our Financial System Facing the Consequences of Moral Hazard?

Explore the dynamics of government intervention and moral hazard in banking. Understand how client trust in government-backed insurance can fuel ri...