Indexes Finish Higher Amid Banking Chaos

FS Insight Team

“LUKE, WE'RE GONNA HAVE COMPANY!" Han Solo

Good evening:

Turmoil in the banking sector has left many investors with flashbacks to 2008’s GFC and even the 1980s savings and loan crisis, though some–including our Head of Research, Tom Lee–attribute this to reflexive human nature rather than any significant similarities to those historic events. Nevertheless, fallout from last week’s rapid collapse of Silicon Valley Bank $SIVB spread throughout global markets this week, with Credit...

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