What a difference a week makes...

Last week the market technicals were starting to look like the bulls had won out.

But this week, trouble in the banking system, most notably the failure of Silicon Valley Bank (the 2nd largest bank failure in US history), has created a bearish marker reversal.

So how meaningful is the failure of SVB?

What fallout is most likely to come out of it?

Portfolio manager Lance Roberts and I tackle these questions head on in this week's Market Recap.

We summarize everything we know so far about why the SVB failed and how exposed other banks may be to the same causal factors.

For everything that mattered to markets this week, watch this week's Market Recap with Lance Roberts.

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#bank #siliconvalleybank #fed

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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.

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