van sewered he's ceo and portfolio manager at houred capital management they're a registered investment advisor roughly five billion in assets under management. It's easy to get lulled into a sense of complacency when you look at the market reaction to this news uh s&p up 1.9 percent but this isn't over i feel like i mean are we gonna be talking about a different bank tomorrow next week and the week after and i got to tell you um whenever they say a bank has failed i it makes me I get some attention really really quick because that's the worst that you can have in a financial crisis in a financial crisis like this, says carol master
Bloomberg News Wall Street Reporter Sonali Basak and Bloomberg Intelligence Senior Analyst for US Regional Banks Herman Chan break down the latest news on the uncertainty in the baking sector following the collapse of Silicon Valley Bank. Lands’ End CEO Andrew McLean discusses the apparel maker's earnings and the impact of inflation on consumers. Dr. Paul Spiegel, Director of the Center for Humanitarian Health at the Johns Hopkins Bloomberg School of Public Health, talks about the health issues as a result of earthquake that rocked Turkey and Syria. Bloomberg Businessweek Editor Joel Weber, Businessweek Markets and Finance Editor Pat Regnier and Bloomberg News Editor-at-Large Erik Schatzker discuss Businessweek Magazine’s coverage of the Silicon Valley Bank collapse. And we Drive to the Close with Vance Howard, CEO at Howard Capital Management.
Hosts: Carol Massar and Mike Regan. Producer: Paul Brennan.
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