bearish

Silicon Valley Bank a Stern Reminder but No Cause for Panic in Asia

365 Views14 Mar 2023 17:00
SUMMARY
  • The failure of the US-based Silicon Valley Bank is unlikely to degenerate into a major financial crisis.
  • Asian markets are set, though, to continue suffering asset price corrections and currency depreciations in the near term.
  • Nevertheless, the metrics of Asian resilience such as strong bank capitalisation and external accounts will ensure that these spillovers will be limited in scale and duration.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
chart-bar
x