On Monday, I wrote that I would do three days of Insights in response to the Silicon Valley Bank failure. First, I wrote about how we are protecting your cash in this environment. Next, I wrote about how the bank failure might impact the overall economy. Today, I’ll try to break down how Silicon Valley Bank (SBV) failed. I’m certain that more details will emerge in the coming days, weeks,… Read More
Yesterday, I wrote about how your cash is protected in the wake of Silicon Valley Bank’s (SVB) failure last week, and I promised to write about the potential impact on the overall economy today. Before I do that, I thought I would let you know that one of the two primary corporate bond funds that we use owned some SCV bonds that lost about half of their value since last… Read More
The Silicon Valley Bank (SVB) failure is a big deal. Big enough that I am going to tackle it over three days. Today, I’ll talk about your cash and how it is protected. Tomorrow, I’ll talk about what SVB’s failure could mean for the economy and why this failure differs from the 2008 financial crisis so far. And, on Wednesday, I’ll break down what happened at SVB that caused it… Read More
