Here's an important message from one of our colleagues:
͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Here's an important message from one of our colleagues: |
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While Silicon Valley (Bank) burns… |
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If you're following the Silicon Valley Bank story…
I'm sure you know, a lot of folks are worried.
Including, by the way, some of my good friends in the tech industry.
After all, not only is SVB the biggest bank to collapse since 2008, but… for the last 40 years… it was also the main bank for tech workers and startups.
And given how this is happening hot on the tail on a tough year for tech in the stock market… plus all the recent industry layoffs… I get their concern.
But here are two things I want them – and you – to know.
First, this could create a phenomenal buying opportunity.
Tech isn't going away. And, if anything, cash-rich giants like Amazon, Google, and Apple could use this moment to absorb and deepen that startup innovation.
But here's something else I'll bet you didn't expect…
Another positive outcome of this reset is that investors are realizing that brilliant tech market opportunities can happen outside the Valley too.
For instance, my friend and fellow analyst Eric Fry is hot on the trail of an absolutely incredible tech opportunity that's taking shape over 2,000 miles from California.
You see, he's discovered a brand new mecca for tech wealth in America.
Here's my favorite part…
Not only is this new 'mecca' attracting billions of dollars in new wealth… from over 200 of our top financial institutions and rich one-percenter investors…
It's also zeroing in on a technology that you know is near and dear to my own market strategy… because this tech 'mecca' is forming around the U.S. EV industry.
It's got so much momentum, with a cluster of new EV startups already emerging, that Eric predicts this could pull the entire U.S. economy in a positive new direction.
In fact, he's calling it 'America 2.0' – you can find out more by clicking here.
To your progress, |
Luke Lango Editor, InvestorPlace |
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