Veteran investor Boaz Weinstein warns of a major market sell-off as First Republic reignites banking crisis fears
and then another 30% Wednesday, reigniting fears of a full-blown banking crisis.
Weinstein said he's expecting the crisis to now spread, leading to more companies filing for bankruptcy and dragging on life insurance firms in particular. "There's a fog of uncertainty," Weinstein told Bloomberg."When the fog clears, prices will better reflect fundamental value again."
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