Regional banks with 6,000 employees and $200B in assets like First Republic Bank (FRC) stocks are falling today. "We are in a shoot first and ask questions environment. Silicon Valley Bank has some cryptocurrency exposure. The economy is poised to slow and interest rates will be higher. This will put growth companies in a tough place. We also have the CPI and PPI data coming out next week that will indicate inflation," says Chris Versace.
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