Silicon Valley Bank Placed Into Receivership (3/13/23)

(3/13/23) Silicon Valley Bank placed into receivership, and the Fed sets up a Bank Term Funding Program to take in collateral at 100-cents on face-value, regardless fo the underlying market value. That will give banks access to capital to meet depositor demand. For now, additional Fed Rate hikes are off the table.The possible ripple effect into regional banks is starting to worry markets, as well as depositors. The last thing the Fed wants is a run on the banks because the deposits aren't there, thanks to fractional reserve banking. Markets' response on Friday took out the rising trend line from October lows, and markets will begin trading below that support line. The risk-off trade is to be long in Treasury Bonds. The risk-off trade may continue if SVB turns out to be more than a one-off bank failure. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=CLk3BXsI8dM&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #SiliconValleyBank #FederalReserve #Backstop #BankFailure #Deposits #BankTermFundingProgram #Markets #Money #Investing