Aftermath of SVB Collapse: Domino Effect or One Time Event?
Flashpoints / 18 Mar 2023/
What exactly happened at Silicon Valley Bank and is that process occurring elsewhere? What is the role of the Federal Reserve in causing and precipitating the crisis? Are the efforts of the Fed and big banks to contain the crisis in the US regional banks in recent days working? What’s happening at Credit Suisse bank in Europe? What are the similarities and differences with the 2008 crisis? What does it all mean for future Fed rate hikes (next week) and Fed strategy to slow inflation? What are the consequences of the current banking crisis for the US real economy and global economy? Listen to Jack Rasmus address all of these questions.
Listen to Jack Rasmus