# 3/17/23 Friday Links > --- **Published by:** [Trading The Metagame](https://paragraph.com/@ryan/) **Published on:** 2023-03-17 **Categories:** daily_links **URL:** https://paragraph.com/@ryan/31723-friday-links ## Content Second order effects of bailing out SVBMoral hazard leads to financial stability in the short run, instability in the long runEstimated latency arbitrage cost is 0.5 bps ($5b per year for global equities) ## Publication Information - [Trading The Metagame](https://paragraph.com/@ryan/): Publication homepage - [All Posts](https://paragraph.com/@ryan/): More posts from this publication - [RSS Feed](https://api.paragraph.com/blogs/rss/@ryan): Subscribe to updates - [Twitter](https://twitter.com/ryanchern): Follow on Twitter ## Optional - [Collect as NFT](https://paragraph.com/@ryan/31723-friday-links): Support the author by collecting this post - [View Collectors](https://paragraph.com/@ryan/31723-friday-links/collectors): See who has collected this post