After the last RUT Russell 2000 Price Target was Perfectly reached:
Now you need to know that many of the Russell 2K companies will be impacted by the SIVB collapse. Roughly 50% of the US venture capital-funded startups are clients of SVB , potentially putting 65,000 startups at risk of payroll disruptions. Such a situation could have significant consequences for the startup and tech sectors.
Silicon Valley Bank did business with FTX, plus many other formerly overvalued tech companies. With $210 billion in assets, SIBV was the 15th largest bank in the US in terms of deposits.
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