New financial crisis due to rising US interest rates
$SVB Financial (SIVB.US)$ SVB develops banks, securities companies, and investment businesses, and its business scale is not small. If these funds are withdrawn in large quantities in a short period of time, there will be considerable pressure on the market. Also, risk will increase due to SVB default, which may lead to mass stock sales. The FOMC rate hike is definitely causing a financial crisis. Can we slow down the pace of interest rate hikes?
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