The Silicon Valley Bank crisis will force the Fed to slash rates by 100 basis points to prevent contagion, market guru says

MarketsInsider/Filip DeMott/3-10-2023

“In essence, the Fed is causing this bank run.” – Larry MacDonald, The Bear Traps Report

USAGOLD note: The opinion shall rain from the heavens…… MacDonald sees the Fed dealing with a crisis “across the entire ecosystem” of its own making.