On Friday March 10th, Silicon Valley Bank (SVB) broke news as it struggled to meet liquidity demands. While this will make for some great headlines to gain news websites extra clicks, it is important to note that this is a uniquely isolated event within the tech/venture capital sector.
Watch Cliff and Mario in a short market update recapping where the core drivers of the market have been (inflation/interest rate movements). Also covered, how we are progressing through the market bottom and into a decreasing inflation environment; which portfolio management styles tend to work within volatile markets; and lastly how SVB is having an impact on the markets and index/ETF funds.
As always please don't hesitate to reach out to our team if you have any questions.