Mark Matthews on why SVB crisis will prove to be good for bank stocks in long term

Matthews says the world of investments is seeing different asset classes reacting significantly and in a sharp manner. This is an old fashioned bank panic, and in this day and age, it is not something that a lot of people would have expected. Technology has been the catalyst for it because with social media and various messenger platforms, news spreads at lightning speed and people can withdraw their money at lightning speed. The mood obviously is still very fragile.