Did Systemic Risk Just Show Up?
The news of SIVB getting into trouble sent huge waves through the market. Financials and bank stocks cratered which then brought the rest of the market down. In this week’s edition of Moxie Indicator Minutes, TG explains question now, which is “are rising interest rates the risk, or is there an unknown out there that will turn into a Black Swan event?” The market is likely to move down, but how far? Is this somewhat localized or will this spread throughout?
This video was originally broadcast on March 10, 2023. Click this link to watch on YouTube. You can also view new episodes – and be notified as soon as they’re published – using the StockCharts on demand website, StockChartsTV.com, or its corresponding apps on Roku, Fire TV, iOS, Chromecast, Android, and more!