U.S. Bank Failures Send Clear Warning

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Confidence in the U.S. banking system is being tested as Silicon Valley Bank and Signature Bank failed over the last few days. As a result, on Monday, March 13, 2023, many bank stocks were down more than 50% at one point as panic spread. 

Bank failures are not uncommon in America. Over 500 banks in the U.S. have collapsed since 2000. However, their size makes Silicon Valley Bank's and Signature Bank's collapse unusual...

These banks represent the 2nd and 3rd largest bank failures in U.S. history! 

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#svb #siliconvalleybank #bankingcollapse #bankingcrisis #bankfailures

Disclaimer: The content in this video must not be construed as tax, legal, insurance, financial advice, or other & may be outdated or inaccurate. This video does not provide a complete overview of the subject matter discussed. Pinnacle Digest, including its video commentators, are not a registered broker-dealer or financial advisors. Before investing in anything, consult your financial advisor, tax advisor, and other relevant industry professionals.
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