The Big Bank Breakdown, and How the Biden Budget Is Going After Investment Gains 3/9/23

<p>Silicon Valley Bank plunging more than 60% today as the rapid rise in interest rates wreaked havoc on its bond portfolios. But is this company’s trouble a sign of deeper concerns in the financial industry and the market? Plus President Biden’s new budget proposal could raise capital gains taxes to more than 40%, and it could impact a lot more people than you’d expect.</p><p> </p><p><a href="https://www.cnbc.com/fast-money-disclaimer/"><strong>Fast Money Disclaimer</strong></a></p><p> </p>