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#304 | Jeremey Lakosh The Collapse of Signature Bank and Silicon Valley Bank what it means for the economy
Description
In this interview, financial analyst and Seeking Alpha writer Jeremy Lakosh sits down with Vance Crowe to discuss the recent collapse of Signature Bank of New York and Silicon Valley Bank. Lakosh explains why banks invest in US treasuries and how unrealized losses have led to problems for these banks, causing concerns for depositors. He delves into the current state of banking and the reasons behind recent bank failures, as well as providing insights on whether or not depositors should consider withdrawing cash from their banks. This is a must-watch interview for anyone concerned about the current state of the banking industry and the safety of their own deposits.
Jeremy Lakosh on Seeking Alpha: https://seekingalpha.com/author/jeremy-lakosh
Jeremy Lakosh on Twitter: https://twitter.com/Jeremy_LaKosh