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.

Related Posts

2Q 2023 Market Commentary
2Q 2023 Market Commentary

Economic Overview By Dr. Mark PylesAs with most things, we would like economic data to provide concise and definitive answers. But of course, that is not reality. US Real Gross Domestic Product (GDP), the most common indicator of economic growth, stands at 2.0%...

2Q 2023 Letter from the CIO
2Q 2023 Letter from the CIO

July 7, 2023 Happy July 4th to you and yours. I hope that you enjoyed a nice, mid-week holiday and were able to stay cool. We have many exciting firm updates for you this quarter, but of course we will start things off with an around-the-horn look at what is happening...

Debt Ceiling on the House Floor. Market Update from Walter Todd
Debt Ceiling on the House Floor.
Market Update from Walter Todd

The Debt Ceiling Deadline The headlines around the debt ceiling and a possibility of a US default have been frantic. There's talk of a June 1st deadline and a "72-hour" rule in the House. How will the markets react? Will Congress be able to come to a decision? In his...