The fall of Silicon Valley Bank has shocked investors and the markets. SVB is the second largest bank failure since 2008, and it was quickly overtaken by U.S. and Canadian regulators. What effect will the collapse of Silicon Valley Bank have on the financial sector? And in light of this situation, is a Fed rate hike off the table? Joining us today to discuss the broader impact SVB may pose to markets, and some of the other key market drivers this week is Jurrien Timmer, Director of Global Macro. With host Pamela Ritchie today, Jurrien also looks at the upcoming CPI report, the recent action in the bond market, and if the SVB situation could affect Canadian banks, among other topics.

Recorded on March 13, 2023.

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