3min chapter

Forward Guidance cover image

Jeff Snider: The Credit Crunch Is Here As Ultra Rare Bond Market Signal Flashes Red For First Time Since 2008

Forward Guidance

CHAPTER

The Fall of Silicon Valley Bank

Silicon Valley bank is a microcosm of how we're going to end up paying for all those distortions from a couple of years ago, says John Defterios. The original sin here was the 2020 distortion and then the cash migration that then triggered all of these liquidity measures, he adds.

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