Is The Silicon Valley Bank’s Failure Another ‘Canary In The Coal Mine’? – OpEd

By Doug French*

If you watched the Fed Chair Jerome Powell testify before the senate and the House, you heard over and over that banks are well capitalized. The non-sequitur should inspire the Shakespearean quote “Methinks you protest too much.”

The very next day after the hearings, shares of SVB Financial Group, parent...