Banks -- Quick update

March 21, 2023 | Mark Ryan


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Good afternoon,

 

Here’s a brief audio commentary to help digest the financial news impacting us today.

 

Following the downfall of Silicon Valley Bank, a large Swiss financial institution has nearly failed, adding to stress in the financial system. In this recording, the wider implications for the U.S. economy and equity market are discussed by Kelly Bogdanova, Co-chair of the Global Portfolio Advisory Committee, and Tylar Lunke, Senior Manager of the Portfolio Advisory Group’s U.S. Managed Portfolio Strategies team.

 

Listen here (approximately 10-minute duration).

 

If you have any questions or would like to discuss this, please feel free to contact me.

 

Mark