SIVB Meltdown- Canary in the Coal mind?
Today we saw a systemic risk in the financial sector. The regional banks were hit extremally hard and as a result the Major banks saw sell side liquidation.
Where there's one cockroach, there's usually another.
Risk in the banking sector is the worst type of risk investors can ask for. Credit liquidity crisis is not something to mess around with.
SIVB looks like its in serious trouble potentially being exposed to fraudulent crypto loans that will likely default as well as failed speculative startups in the tech and health care space.
Where there's one cockroach, there's usually another.
Risk in the banking sector is the worst type of risk investors can ask for. Credit liquidity crisis is not something to mess around with.
SIVB looks like its in serious trouble potentially being exposed to fraudulent crypto loans that will likely default as well as failed speculative startups in the tech and health care space.
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