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Memos from Howard Marks: Lessons from Silicon Valley Bank
This isn't going to be another history of the meltdown of Silicon Valley Bank.
04.17.2023
Howard Marks, Co-Chairman of Oaktree Capital, discusses the significance of the Silicon Valley Bank collapse. He argues that it likely doesn't portend a wave of banking failures but may amplify preexisting wariness among investors and lenders, leading to further credit tightening and additional pain across a range of industries and sectors.
Views and opinions expressed are subject to change. This recording is provided for educational purposes only and is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any product or service of Brookfield Corporation (“Brookfield”) and certain of its affiliates.
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