Isn't the question though, if you acted on the set of companies/banks that were showing these signs, how often would you be right and saved your money (or made money)?

The analyses that tell you what led to a particular crash are hard to stomach as a reliable bet for the next time.

I just saw this story: https://www.morningstar.com/news/marketwatch/20230310718/20-...

("20 banks that are sitting on huge potential securities losses—as was SVB")

Would you short Ally right now? Hard to make such a bet.