Local bank stocks slumped in mid-March amid fears of wider financial contagion globally from the collapse of Silicon Valley Bank (SVB) as well as Credit Suisse's downfall.

In this episode, our Research Analyst, Lim Choon Siong, summarises key market events that have happened in the last quarter and explained why the short-lived market turbulence that followed the US banking crisis in March did not prevent investor optimism leading US stocks higher over the quarter.

The host, Isaac Ong, is Associate Adviser at Providend, Singapore’s First Fee-Only Wealth Advisory Firm.

View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-2/

Music courtesy of ItsWatR.