What a distinction every week makes…
Final week the market technicals had been beginning to seem like the bulls had received out.
However this week, bother within the banking system, most notably the failure of Silicon Valley Financial institution (the 2nd largest financial institution failure in US historical past), has created a bearish marker reversal.
So how significant is the failure of SVB?
What fallout is most certainly to come back out of it?
Portfolio supervisor Lance Roberts and Adam Taggart sort out these questions head on on this week’s Market Recap.
Lance and Adam summarize every part we all know to this point about why the SVB failed and the way uncovered different banks could also be to the identical causal components.
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