CHAOS REIGNED across global markets this week as investor concerns became sharply elevated due to the collapse of three small banks in the US and the Credit Suisse crisis that saw the bank bailed out.
However, a closer look at the specific situations shows that investors could be creating connections that aren’t there – meaning, this isn’t a systemic issue likely to lead to widespread system instability.
In short, we’re not facing the next Global Financial Crisis.
Why are the banks failing?
What happens next?
How will the movements impact funds and investors?
AllianceBernstein Chief Investment Officer (Australian Equities) Roy Maslen answers these questions and provides valuable insight into the recent stress in global banking markets in this short video (click here to view).
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