Financial Digest

Silicon Valley Bank failure signals widespread risk amid high interest rates

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Silicon Valley Bank imploded in a single day. It could just be the tip of the iceberg.

. There's also been the double-digit decline in high-growth tech stocks over the same period.

Back in 2020 and 2021, tech startups were buzzing with sky-high valuations, stock prices were soaring to record highs on an almost weekly basis, and everyone was flush with cash thanks to trillions of dollars of stimulus from the government.

 

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Someone should do an analysis of SVB_Financial customer base & look through to investors, LP’s & pension fund investors in Venture Capital firms to see how many unions, schools, universities, have invested indirectly in the 95% of deposits that are not insured by the FDICgov

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