Jens Nordvig, MarketReader Co-Founder and CEO, joined Yahoo Finance Live to discuss the wider implications of Silicon Valley Bank’s collapse, the state of the U.S. banking system, regulation, and rate hikes.
Read more via Yahoo Finance, or watch the clip below.
MarketReader’s high-frequency technology detected the unusual activity around SIVB stock beginning at market close on Wednesday, March 8. Read more details in our previous post.
“What you want to see in the market is that there's differentiation between group number one [of banks], that has been a serious difficulty in causing the Fed, FDIC to step in, and the second group of the big banks,” @ExanteData CEO @jnordvig says on banking amid $SIVB headwinds. pic.twitter.com/05npr2rFYV— Yahoo Finance (@YahooFinance) March 13, 2023
Bloomberg TV 3.10.23
Jens also appeared on Bloomberg TV on Friday, March 10, to discuss SVB with host Kailey Leinz.