Steve Johnson: Is the Banking Crisis Contained?

Partner and Wealth Advisor Steve Johnson dives into the aftermath of the Silicon Valley Bank (SVB) collapse and the ensuing banking crisis. Unlike the 2008 financial crisis—when banks were saddled with bad debt from the housing market—the current situation stems from a decline in the value of U.S. Treasury bonds after the Fed raised interest rates as quickly as it did. Steve explains why banks may continue to act cautiously by restricting lending, which could hasten an economic slowdown and lead to a possible decline in inflation. If you have questions for Steve or the Adviser team, please send them to info@adviserinvestments.com.