Wall Street Unplugged - Your Best Source For Finance, Investing & Economics

The market is punishing the entire banking sector following the collapse of Silicon Valley Bank (SVB) and Signature Bank (SNBY). I start today’s show by explaining why SVB failed—and why the government bailed it out.   I also highlight how the situation has f***ed over the Federal Reserve… and whether a 50-basis-point rate hike is still on the table at next week’s Fed meeting.    The bottom line: The market is in for a lot more pain. That’s why I keep pounding the table on why Moneyflow Trader is a “must-have” service to protect yourself in this market. I want everyone to have access to this incredible strategy—which is why I’ve discounted Moneyflow Trader by 90%.   And make sure to join us for tomorrow’s WSU Premium, where Daniel and I will break down the market chaos in more detail—and share one stock that’s being unfairly punished amid the banking crisis.   In this episode  Why Silicon Valley Bank failed [1:20] The Fed is f***ed [9:05] Why the government bailed out SVB [12:38]