So far as I can recall, we have never seen an inversion of yields this large or this long lasting. Normally, inversions are an indicator of imminent recession, but the onset of that recession resolves the inversion.
That has not happened this time. What the larger ramifications are we will only learn over time. There are not a wealth of h…
So far as I can recall, we have never seen an inversion of yields this large or this long lasting. Normally, inversions are an indicator of imminent recession, but the onset of that recession resolves the inversion.
That has not happened this time. What the larger ramifications are we will only learn over time. There are not a wealth of historical parallels for comparison.
As regards the role of "woke" culture in SVB's collapse, what is certain is that the bank collapsed because of a structural failure to maintain good banking and business practices. Not having a closeup view of SVB's culture, I am reluctant to quantify the role of that culture in the collapse.
So far as I can recall, we have never seen an inversion of yields this large or this long lasting. Normally, inversions are an indicator of imminent recession, but the onset of that recession resolves the inversion.
That has not happened this time. What the larger ramifications are we will only learn over time. There are not a wealth of historical parallels for comparison.
As regards the role of "woke" culture in SVB's collapse, what is certain is that the bank collapsed because of a structural failure to maintain good banking and business practices. Not having a closeup view of SVB's culture, I am reluctant to quantify the role of that culture in the collapse.