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Did Systemic Risk Just Show Up? | TG Watkins (03.10)
28m
The news of SIVB getting into trouble sent huge waves through the market. Financials and bank stocks cratered which then brought the rest of the market down. The question now is "Are rising interest rates the risk, or is there an unknown out there that will turn into a Black Swan event?"
The market is likely to move down, but how far? Is this somewhat localized or will this spread throughout?
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