Banking panic: Another GFC or buying opportunity?

Mid-week market update: Just when you thought the Treasury Department, FDIC, and the Fed had the SVB debacle fixed, the market plunged today on the news that the largest shareholder of Credit Suisse had declined to inject further equity into the troubled bank. This is what a bank panic looks like. Financial stocks in the US and Europe are cratering, though they remain stable in China.



Is this another GFC, or a buying opportunity?

The full post can be found here.