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The Causes of the SVB/Signature Bank Collapse

The collapse of Silicon Valley Bank (SVB) and Signature Bank, two of the nation’s largest financial institutions, has sent shockwaves through the banking industry.[0] With the Federal Deposit Insurance Corporation (FDIC) appointed as the receiver, many are left wondering what exactly happened and how we can avoid a similar situation in the future.[1] The story […]

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Is the US Economy Headed for a Recession?

Is the Economy in a Recession Now? As we enter the second quarter of 2023, the question on everyone’s mind is whether or not the US economy is officially in a recession.[0] The textbook definition of a recession is a significant decline in economic activity that lasts for a prolonged period, usually characterized by two […]

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Banking Sector Reeling After SVB Financial Collapse – “Buy the Dip

The banking sector has been hit hard by the recently announced collapse of SVB Financial.[0] The Dow Jones Industrial Average dropped more than 500 points on Wednesday morning, representing a 1.3% decline.[1] The S&P 500 and Nasdaq dropped 1.5% each.[1] On Monday, President Biden sought to reassure Americans that the nation’s banking system is safe.[2] […]

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ECB Raises Interest Rates Amid Credit Suisse Crisis

On Thursday, March 16, 2023, the European Central Bank held their monetary policy meeting and decided to go ahead with their planned half a percentage point rise in their base interest rate, despite the financial turmoil of the past week.[0] This decision is in focus for European markets, as the ECB is attempting to slow […]

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Silicon Valley Bank Collapses in Bank Run

Silicon Valley Bank, founded in 1983 and specializing in banking for tech startups, faced a bank run and collapse on March 8, 2023.[0] The parent company, SVB Financial Group, announced it had sold $21 billion of assets at a $1.8 billion loss and was going to sell $1.75 billion worth of shares to help plug […]

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