If you told me at the beginning of march that the following would happen:
Silicon Valley Bank fails. So do Silvergate and Signature. Another, First Republic, is also on the ropes. The fed, treasury, and FDIC have to work together to prevent a run on regional banks. And then a week later, the fed would still hike by 25 basis points.
Banks fail, fed hikes. If I had that information beforehand, I would have guessed the stock…
Silicon Valley Bank fails. So do Silvergate and Signature. Another, First Republic, is also on the ropes. The fed, treasury, and FDIC have to work together to prevent a run on regional banks. And then a week later, the fed would still hike by 25 basis points.
Banks fail, fed hikes. If I had that information beforehand, I would have guessed the stock…
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