Is the Silicon Valley Bank’s Failure the First Domino?
If you watched the Fed Chair Jerome Powell testify before the senate and the House, you heard over and over that banks are well capitalized. The non-sequitur should inspire the Shakespearean quote “Methinks you protest too much.” The very next day after the hearings, shares of SVB Financial Group, parent of Silicon Valley Bank, fell … Continue reading Is the Silicon Valley Bank’s Failure the First Domino?
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