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How Jerome Powell Killed Silicon Valley Bank

Por: Forbes Business March 11, 2023

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Ok. For the record, I like Jerome Powell. He may have underestimated inflation, but so did a lot of people. Rather, I want to talk about how rising interest rates crippled Silicon Valley Bank — and how this might affect other banks, as well as your portfolio. What happened to Silicon Valley Bank With a hat tip to , the oversimplified sequence of events is: Silicon Valley Bank’s deposits grew from $61 billion at the end of 2019 to $181... + full article



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