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Larry Bucshon
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Stance from 2023-03-13
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Larry Bucshon, MD
@RepLarryBucshon
Baseline; SVB heavy in Gov securities: Dems pass ARP=inflation=Dems pass IRA=worse inflation=Fed raises rates=Gov securities value drops=tech, crypto need cash due to high interest rates=SVB sells securities at a loss to cover deposit outflows=Wall Street finds out=Run on SVB. 🤷‍♂️
2023-03-13T17:44:11.000Z
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Neutral on Crypto

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