The Big Bank Breakdown, and How the Biden Budget Is Going After Investment Gains 3/9/23
Podcast: CNBC's "Fast Money"Published On: Thu Mar 09 2023
Description: Silicon Valley Bank plunging more than 60% today as the rapid rise in interest rates wreaked havoc on its bond portfolios. But is this company’s trouble a sign of deeper concerns in the financial industry and the market? Plus President Biden’s new budget proposal could raise capital gains taxes to more than 40%, and it could impact a lot more people than you’d expect. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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