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Goldman Sachs just told us the banking crisis makes it more pessimistic about the economy - and other recession signals are blaring too

This week felt like the longest month ever. Phil Rosen here - who knew you could age so precipitously in so few calendar days? The bank crisis that started with Silicon Valley Bank last Friday continues to unfold with what feels like to-the-minute developments. Ignoring Warren Buffett for a moment ( he's on a $500 million spending spree these last three days ), Wall Street strategists have been telling me all week they're concerned for what comes next. And Goldman Sachs says that this series of unfortunate events makes it harder to be optimistic for the trajectory of the US economy this...
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Some VC firms have started moving money back into Silicon Valley Bank, marking the latest turn in the bank's wild week

10 days ago | By Business Insider

SVB crisis: Some tech VCs are now backing the bank again. Benjamin Fanjoy/Associated Press
Some VC firms have started moving their money back to Silicon Valley Bank.
That's just days after the bank was shuttered by the regulators and the FDIC took over.
A general partner at Founder Collective said there is "zero risk" in SVB, now that it's backed by the FDIC.
Silicon Valley Bank's been on a bizarre roller-coaster ride these past few days. Just days after being shut down by regulators and taken over by the Federal Deposit Insurance Corporation, or FDIC, some VC firms have moved their money...
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