Live: US Banks are Getting Crushed Right Now!

Stocks in US banks are down across the board right now and the sell off appears to be gaining steam into the close. This comes after a series of stories broke this morning affected Silvergate, SVB Financial, and Credit Suisse. But now stocks of virtually all US banks are falling hard. Are we seeing a banking crisis unfold in real time?

Silvergate Bank announced last night that they will be liquidating and ceasing operations as stories about SVB Financial and Credit Suisse having other problems are circulating this morning. Are we in the early innings of a banking crisis? If so, where does the contagion go from here?

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#Silvergate #SVB #MarketCrash