Cathie Wood Says Mainstream Got One SVB Assumption Wrong

Cathie Wood Says Mainstream Got One SVB Assumption Wrong

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An initial reaction turns out to be false. Trouble began for the U.S. banking system on March 8 when cryptocurrency-focused bank Silvergate Capital announced it would cease operations. When chaos erupted at Silicon Valley Bank (SVB) the next day, its stock dropped 60 percent and talk of a bailout…

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