This time, it's mostly Big Money feeling the sting. Sucks for the retail that looked to bottom feed though.. Could have been a sweet trade, if it wasn't such a shit show.
It will definitely be interesting how this ripples, and is handled. With the problem being bonds from COVID time, getting slaughtered with rate rises... Will the fed back off now with increases? How many banks did what silicon valley did?
Hey! At least we can look forward to a sweet new financial collapse movie!! : /
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