Banking crisis increases the probability of a recession, says Crossmark’s Bob Doll

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Bob Doll, Crossmark Global Investments CIO, joins 'Closing Bell: Overtime' to discuss why he suggests trimming mega-cap tech, why the Treasury market is a good place to be, and more.
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About the current bank situation, I'm really concerned. I am worried about a lot more if a bank the size of SVB may fail. I have a friend who manages a fast-growing startup and was severely impacted by the bank run. I have taken more than $840k out of my bank. Since the FDIC only provides coverage up to $250K, an implosion could have negative consequences. presently want to invest in the stock market. Does anyone have any ideas on how I might proceed?

elvismark
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These so called clever people don't realise we are in a recession obviously we have no hope

belfasta
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If all we experience is recession - we're damn lucky

Shining
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