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What Strategists Say About America’s New Banking Crisis
Needless to say, newsflow around the collapse of SVB was unrelenting on Monday.
Equally unrelenting was the selling pressure in shares of regional banks and smaller lenders.
It was easy to drown in the deluge of coverage, to which I contributed with my own breathless editorializing. Every aspect of the fiasco was its own story, or at least according to the financial media.
I've personally penned 15 articles on SVB (and the fallout from its implosion) since Thursday. You can imagine what that
It’s only one block-quote, but Mike Every doesn’t seem to be a fan of the government’s course of action.