
SVB Bank Run. Is 2023 a re-run of 2008?
The David McWilliams Podcast
00:00
What Happens When Interest Rates Rise?
When interest rates change, two things happen. These are profound for the balance sheet of the bank. One is the deposits become a little bit less sticky. The buzz around the companies goes from hypergidiness to hyper nervousness. This just makes it fragile of the conversation on what happened. And the bank run that after this was talked about last year,. as we've talked about inflation rearing its ugly head? That sparked off a whole dominoes and effect that they had in Silicon Valley.
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