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The Silicon Valley Tumble.
Market Update from Walter Todd

The Silicon Valley Tumble

What happened on Friday? How did a run on a Californian bank start and will it spread? In his typically measured fashion, Walter addresses the specific factors that lead to the Silicon Valley Bank collapse. He discusses what the Federal Reserve, FDIC, and US Treasury have done to stop the domino effect from impacting other financial institutions. Finally, he lays out how these incidents may impact the broader financial market in the coming year.

Greenwood Capital is an SEC-registered investment advisory firm. This material has been prepared for information purposes only, is not intended to provide, and should not be relied on solely for tax, legal, or accounting advice. Subtitles are automatically generated.

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