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| Name | Banking contagion more 'psychological' than 'systemic': strategist |
| Video Uploader | Video From Yahoo Finance |
| Upload Date | This Video Uploaded At 20-03-2023 01:00:26 |
| Video Discription | The collapse of Silicon Valley Bank is causing panic through the financial sector and unleashing chaos across the globe. Liz Ann Sonders joined Yahoo Finance to discuss the possibility of contagion spreading within banking sector. Sonders explains how she thinks social media played a role in this week's bank crises saying, "social media can fuel a bank run and everybody is scrambling to try to get the accurate story." All three major indices $DJI, $IXIC, $GSPC closing in the red on Friday, March 14th. Key video moments 00:00:01 - "Social media can fuel a bank run" 00:00:28 - On Fed loans 00:01:28 - Why this isn't like 2008 Don't Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV #banking #yahoofinance |
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