Afternoon trading March 13, page-37

  1. 16,285 Posts.
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    Personally I don't think so. I reckon the whole SVB things is a massive overreaction, with the media using it as an opportunity to generate easy views out of fear. SVB was a high risk bank to begin with; it lent to start ups and other high risk ventures. It was a product of the "free money" days and perhaps its failure is actually a sign that things are going back to normal (e.g. the economy is finally clearing out the trash).

    Plus, all depositors are getting their money back (and from what I understand, none of the refunds will be funded by tax payers)

    Most likely will end up like the Credit Suisse fiasco a few months ago and just fade away and be forgotten abput
 
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