This Is The Black Swan

Banks are failing. And not just little niche crypto banks. Silicon Valley Bank is toast. This is a big deal and I wouldn't ignore it.

Normally on a Friday I’d be waiting until the market closes to give my portfolio update. The setup actually looked great at the end of last week. However, things have now taken a dramatically bad turn. HSEP has endured a 900 bps turnaround in the last 5 sessions and the broader market has been hit as well. Things are now so bad, that I’m publishing my e…