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TopicStock Market General #49
theAteam
03/15/23 11:51:28 AM
#26:


Dan_Haren- posted...
I cannot emphasize enough how much people are overblowing these banking issues. SVB truly was isolated. The only issue can arise if other banks made similar dumb decisions. And Credit Suisse has been having issues for many years...they are back to where they were a few months ago now.

It blows my mind how people are generalizing these events and panicking.

People see "bank collapsed" and get triggered by nightmares of 2008. But if anything these incidents are showing the tools at the govt's disposal are more effective at containing the spread than we think.

And yeah I recall reading about CS being fucked like 6 months ago.

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