Veteran investor David Roche says a credit crunch is coming for small-town America

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Veteran investor David Roche says a credit crunch is coming for ‘small-town America’

The collapse of Silicon Valley Bank and two other small U.S. lenders last month triggered contagion fears that led to record outflows of deposits from smaller banks.

Earnings reports last week indicated that billions of dollars of deposit outflows from small and mid-sized regional lenders, executed amid the panic, were redirected to Wall Street giants.

https://www.cnbc.com/2023/04/20/vet...-crunch-is-coming-for-small-town-america.html