Should I be worried about all the bank failures?
Post Reports
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The Panic of Silicon Valley Bank and First Republic Bank
First republic, a regional bank in California, has seen its stock share plummet. The bank was sitting on treasuries and commercial real estate loans that had gone down in value as interest rates have gone up. There is a fear that even these smaller banks, if there are enough of them collapsing, we could be in for a national crisis.
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