I think that there’s more than we all know going on. I have no doubt that there’s a run on money around the globe. Companies are pulling money out of financial institutions to retain cash to remain solvent, meanwhile the general public sits unaware. (Result= fear)
This fear will widely reach you and I very soon! Soft landing no more; recession is going to slam this country. That will accordian itself with massive unemployment, business closures, trouble on Main Street, crime & theft, your 401k dropping even further, etc.
Concerning SVB= the past Chief Risk Officer stepped down in April 2022 and left the company. If you look up her name and photo you’ll notice she’s a gal in her 40’s. You’ll also find nothing more of her since…. No updated Linked In data, Google search results, Mantra profile updates, etc. She just disappears?? It conveniently happens just a couple of weeks after the Fed started raising base interest rates? I’m thinking she warned the bank of its risk with their bond portfolio and the CFO wasn’t listening. She then resigns.
Nobody appointed again until January?? Too late, the firestorm was already started by the Fed waiting too long to raise rates and the administration spending way too much. It’s all coming home and the poker pot does bode well in your favor
