Lessons from Silicon Valley Bank
In his latest memo, Howard Marks discusses the significance of the Silicon Valley Bank collapse. He argues that it likely doesn’t portend a wave of banking failures but may amplify preexisting wariness among investors and lenders, leading to further credit tightening and additional pain across a range of industries and sectors.
The memo is read by LJ Ganser.
You can read the memo here (https://www.oaktreecapital.com/insights/memo/lessons-from-silicon-valley-bank).
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