Here's how Silicon Valley Bank collapsed in 48 hours

Silicon Valley Bank, the go-to bank for US tech startups, facing a sudden bank run and capital crisis, collapsed last week, leaving its high-powered customers and investors in limbo. It was taken over by federal regulators. It was the largest failure of a US bank since Washington Mutual in 2008. CNN’s Christine Romans reports. #CNN #News

[leondonald]

Global financial markets have been significantly impacted by SVB's demise, prompting investors to sell off bank equities hastily and reevaluate their interest rate expectations. I am a $350, 000 investor who is at a crossroads and wondering if it is wise to hold onto securities that are losing value. I want guidance on the best approaches to maximizing my returns in this negative market.

[darnellcapriccioso]

The recent events with SVB make it unlikely for the market to make significant gains soon, so it's wise to manage expectations and prepare for a potentially long recovery period. It's recommended to avoid making significant investment decisions until the economic environment stabilizes in areas of concern. It's best to exercise caution and avoid engaging with the current turbulence.

[Michaelwilliams]

A perfect storm is brewing in the United States. Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place. <It's all coming together and it could lead to a real disaster towards the end of this year (or sooner). With inflation currently at about 6%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.>

[ardeand]

I'm really worried about the current bank crisis. If a bank as big as SVB could fail, I fear for a lot more. I know a friend who is running a high-growth startup, and was badly hit by the bank run. I have pulled out more than $340k from my bank. After all, the FDIC covers only up to$250, 000, and the implosion could have bad effect. Looking to invest into the stock market now. Does anyone know how I could go about it?

[mvanwie]

Tbh, with the whole global crisis, I'm quite unsure about getting in the market. I had planned to
earlier before retirement and the clocks ticking really fast. I don’t mind a passive return but has to be long term with a vision.

[calebparker]

Imagine blaming the people for taking out money of a failing bank instead of blaming the bank and the cause of high interest rates in the first place

[samanthaball]

Confidence in the system??? I’m 31 and this is the 3rd financial crisis of my lifetime and I’m watching the wealthy elites/ corporations getting bailed out expense of the little guy AGAIN. How is that feeling in anyway reassuring?!

[marcorocci-ctkw]

The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations, I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market??

[dennypelczynski]

Yet No student loan forgiveness, but give it to the CEOs and banks!

[huha]

The bank boss saw it coming, cashed in for $3.6 million ahead of the crash, which sounds similar to insider trading.

[daveyvane]

“The best way to rob a bank is to own one”

[ginturbo]

They better address the insider trading before a bailout

[louieuy]

Love how the media makes excuses for financial institutions when they screw up

[Alejandracamacho]

I still blame the FEDs for this, because in the end they benefit by either buying off the failed banks cheaper or something. The fed can print credit as long as someone will borrow it into existence, but they cannot print product (or production).

[jessicamamikina]

The wisest thing that should be on every wise individual's list is to invest in different stream of income and don't depend on the government to bring in money especially now the pandemic is hitting the economy

[MIchaelGuzman]

A perfect storm is brewing in the United States. Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place. It's all coming together and it could lead to a real disaster towards the end of this year (or sooner). With inflation currently at about 6%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.

[mistervo]

"This is not a bail out, its a special economic operation"

[tyleachwatkins]

So again we bailout banks, but any laws to help every day people are shut down. We can bail out corporations but not people.

[angelaf]

I admit I know nothing about banking but I'm sure I'm not alone in worrying that this could happen to other banks.

[rickgolder]

And just 4 days before this, Forbes twitted, that SVB is the most well situated bank in US. How can anyone believe the rankings or the credibilities of these companies.