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Forty "W"ritings

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Impact of the Silicon Valley Bank Failure Thumbnail

Impact of the Silicon Valley Bank Failure

* Silicon Valley Bank experienced a classic run on deposits from their start-up tech company client base. * Consensus is this not another 2008-type financial crisis. * Fear will likely remain elevated in the short-run especially for other regional banks. * We are going to continue to monitor to manage risk and look for opportunities.

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