What are the economic consequences from U.S. bank failures?

Strategic Wealth Partners CEO Mark Tepper and Fox News contributor Richard Fowler weigh in on the 'meltdown' leading up to the collapse of Silicon Valley Bank and Signature Bank on 'WSJ at Large.'

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

[GenMClark]

The Consequences Came From Electing FJB 🤤

[reddog]

3 cyops never mention how much. Svb executives made selling their
Bank stocks days before collapse.

[raynoldgrey]

It is unlikely that the market will experience big gains anytime soon in light of the latest developments involving SVB, therefore it is prudent to set reasonable expectations and get ready for a potentially protracted recovery period. It is advised to postpone making big investment decisions until the economic climate in areas of concern has stabilized. It is best to take precautions and stay out of the current disturbance.

[roberts.]

Fractional banking without oversight is a recipe for disaster.

[dougrockhold]

Richard Fowller can't balance his own bank account

[jeffreyrudolph]

A handful of depositors pulled enough funds to make the bank short securities for a net loss of 1.8 billion.
Suspicious activities ?

[johnnywadd]

They saved because Gavin Newscum was a depositor.

[truefactjack]

Nobody had any idea what they were doing, , go woke go broke ?

[Dreekwalton]

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?

[johndingle]

Quadrillions will become part of the common lexicon. Like billions and trillions did.

[paulslater]

It's not a rescue it's a bail out for billionaires

[WaluigiMangione]

People realizing the hypocrisy of capitalism?

[finknewsfalseprophit]

money was supposed to represent blood, sweat, and tears, even if they are earned doing a job that you like. Because it is ROUGH, even for a job that you like, to push oneself to work so long and hard and consistently.

[edwardsantos]

I work for a major bank, and I did not know that SVB Bank was the 16th largest.

[vernonbowling]

I heard left/ right talking points I didn't hear economic impact from these failures.

[ManyHeavens]

Reminder Save the Day, Save whats Important again repeat.

[larrysmith]

Government spending our money. While the American people are starting!!!!

[maynunal]

is there such a thing as an "Illegal Leak"??? lol

[wallacefuller]

Get your money out before it is too late

[teresaellis]

Gonna be a whole lot of middle class unable to retire and loose the last 20 plus years of sacrifice just to have a little at retirement and pay medicare...a whole lot of medicaid retirees coming up..I don't see how this was allowed..seems manipulated for a reset