What Is SVB and Does It Pose a Risk to Your Portfolio?
A bank is in trouble. Investors are understandably perturbed.
Signage outside Silicon Valley Bank headquarters in Santa Clara, California.
Photographer: David Paul Morris/BloombergWelcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.
Don’t miss the Bloomberg Wealth event on Wednesday March 22 - I’ll be hosting a panel on inflation and the global economy first thing in the morning, Merryn will be recording a podcast live later in the day, and there are a host of other expert commentators lined up on a wide range of investment-related topics. Register here and come along to say hello, or watch from the comfort of your own home.