What is it about March that seems to keep bringing balance sheet-changing events to rattle market participants? In March 2020, Covid shocked the world, as well as major indices. In March 2021, the Archegos scandal uprooted a multitude of major players. And now we have the collapse of SVB, which will surely have implications that spread farther and wider than we can currently predict. If the financial crisis had started in March, we would seriously have some questions.
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