In this episode, we discuss the rapid fall of SVB, the subsequent failure of two other banks, and the possibility of contagion.

The episode is based on yesterday's newsletter which is available on Substack.

A transcript of this podcast, with relevant images and quotes, is available for all subscribers after the show notes below. Our podcast is available on Apple Podcasts, Spotify, Google Podcasts, YouTube, and Amazon Music.

Show Notes

00:00:00 Introduction

00:00:07 The Rapid Fall of SVB

00:02:14 The 3 Banks That Failed

00:05:12 Contagion Effects?

00:09:15 Goliath is Winning

00:12:2 Conclusion

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit thetranscript.substack.com/subscribe