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04/05/23
21:04
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Originally posted by ghostwriter:
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Looks like PacWest is gone. After hours never lie. Bail out tomorrow - probably Wells Fargo's turn. Bank of America looks sick and is highly leveraged with depositors deserting it. They will not be able to step up for regional bank takeovers unless the Feb bankrolls them. BAC is the one I'm tipping of the big 4 to suffer a SP waterfall first. If you see that one lose 5-10% tomorrow you know it's game on for PMs and game over for the Nasdaq and other highly leveraged plays. They will have to move very quickly if BAC fails. Opens the door for the invasion of Taiwan whilst USA is in economic turmoil and other economic BRICS strategic plays. Never waste an opportunity.
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Take this post to the Bank . https://hotcopper.com.au/posts/67592731/single