Mike Coop, chief investment officer for EMEA at Morningstar Investment Management, also suggested that the demise of SVB is unlikely to trigger anything like the financial crisis the world faced 15 years ago.
It's still early to say whether the crisis has blown over, but there are those who think this could turn into a positive for the stock market. It could hurt the confidence of investors and depositors. And that could weigh on stocks and subsequently economic performance, given capital-market buoyancy is key to economic growth.
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