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The Big Bank Breakdown, and How the Biden Budget Is Going After Investment Gains 3/9/23

The Big Bank Breakdown, and How the Biden Budget Is Going After Investment Gains 3/9/23

FromCNBC's "Fast Money"


The Big Bank Breakdown, and How the Biden Budget Is Going After Investment Gains 3/9/23

FromCNBC's "Fast Money"

ratings:
Length:
44 minutes
Released:
Mar 9, 2023
Format:
Podcast episode

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 
Released:
Mar 9, 2023
Format:
Podcast episode

Titles in the series (100)

Fast Money airs weeknights at 5p ET on CNBC. Visit http://fastmoney.cnbc.com for additional information.