SVB’s collapse is what happens when an ‘everything bubble’ finally bursts
“The collapse of Silicon Valley Bank is the natural result of the “everything bubble” that’s engulfed markets in the last decade finally bursting. And now that a new rate environment is upon us, the market should expect more of these chaotic episodes.”
USAGOLD note: The problem with the “everything bubble” bursting is there is no is nowhere to turn, unless, of course, one understands the logic of safe haven portfolio insurance. This article does a good job of the depth of the problem confronting investors featuring insights from Deutschebank.