Banks are sitting on $500 billion in unrealized losses, and stagflation could cause another Silicon Valley Bank-like crisis
Just over two years after the collapse of Silicon Valley Bank and First Republic, banks are still taking big losses thanks to high interest rates. That’s cause for major concern, several experts told Fortune, especially if President Donald Trump’s tariffs lead to the dreaded combination of “stagflation,” or rising inflation coupled with slowing growth, putting … Read more