Q. is the demise & rescue/sale of #SiliconValleyBank an anomaly in a broadly stable #finanacial system, or the canary in the mine on regulatory problems in #financialservcies?
Right now, #RishiSunakPM & #POTUSBiden will be hoping their swift action(s) will have forestalled a wider crisis, but this morning dips in bonds & banking shares suggest some jitters among #investors in banks.... if contagion starts to gather pace the financial sector's 'stability' may prove illusionary - time will tell!
#siliconvalleybank #finanacial #financialservcies #rishisunakpm #potusbiden #investors