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  • Michael Burry claims Silicon Valley Bank’s crisis will be resolved soon

    It is reported that Michael Burry, the prototype of “big bear”, said that the crisis triggered by Silicon Valley Bank (SVB) might be resolved soon. I did not see the real danger. Michael Burry, the prototype of “big bear”: The crisis triggered by Silicon Valley Bank (SVB) may be resolved soon Analysis based on this information:Michael Burry, the well-known investor and founder of Scion Asset Management, recently made a statement saying that the crisis triggered by Silicon Valley Bank (SVB) might be resolved soon. Burry is famously known for being one of the few investors who accurately predicted the 2008 financial crisis and profited from it. His statement about SVB’s crisis has caught the attention of many investors and financial experts. SVB is a prominent US-based bank that primarily provides banking services to technology and life science-based companies. The bank has been facing challenges in recent months due to the struggles of some of its clients, particularly in the tech…

    03/14/2023
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