First Off: I'm not a financial advisor and this isn't a recommendation.
Hopefully, you all have followed the SVB banking crisis. If not, check out the article below. I hope that anyone with more than $ 250,000 in a regional or local bank has already taken steps to take your FDIC uninsured money out and move it to a MUCH larger bank. May end up nothing at all, but if it is, some higher net-worth individuals and some businesses could be in trouble.
Hopefully, you all have followed the SVB banking crisis. If not, check out the article below. I hope that anyone with more than $ 250,000 in a regional or local bank has already taken steps to take your FDIC uninsured money out and move it to a MUCH larger bank. May end up nothing at all, but if it is, some higher net-worth individuals and some businesses could be in trouble.
Gird your loins: I'm not sure "bloodbath" will be descriptive enough for Silicon Valley Bank failure
HO-LEE-SMOKES and pucker up. It’s barely 24 hours later and what’s shaking out so far is pretty scary. Is the federal reserve ready to handle something of this magnitude? Janet Yellen? For...
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