coming in after COB yesterday is news that silicon valley bank has collapsed after being over exposed to the start up sector amidst increasing IR's. just like Enron and FTX no doubt there will be contagion to come. it wasn't what I expected but this may be the kick the GP needed as investors look for safety. next week will be very challenging for the financial sector en masse, but may play into our favour.
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coming in after COB yesterday is news that silicon valley bank...
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