[Opinion] Government fear-mongering over Silicon Valley Bank — and how to profit
4 Articles
4 Articles
Government fear-mongering over Silicon Valley Bank — and how to profit
A week ago, traders were pricing in a Fed rate hike of 50 basis points at its March 22 meeting. Now, after all the bank failure fears, I have no idea what the Fed will do. But whatever the Fed does, I bet it spews more chaos than calm.
Silicon Valley Bank -- More Government, Less Reality
(Getty Images) President Ronald Reagan once said, "The nine most terrifying words in the English language are 'I'm from the government, and I'm here to help.'" Shock waves are rippling through the country after the announcement of the second largest bank failure in the country's history last week -- Silicon Valley Bank. This just 15 years after the largest bank failure in the country's history -- Washington Mutual. …
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