Banking Crisis Localized Only In The U.S.

Is there a low velocity and low correlation happening in the markets? Silicon Valley Bank and Credit Suisse problems arose recently. Michael Purves weighs in on the U.S. Dollar relief rally amid the regional bank crisis. Does that speak to a global risk-off condition? Purves says that the markets are nuanced in the U.S. and are not translating over to global markets like China.