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XJO - Bear Posts only (Factors which might cause the markets to fall), page-15022

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AlCp

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13/03/24

14:19

Post #: 72865704
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Originally posted by wave4 ↑

Pls see below the complete article that @Baron1 referenced some time ago.

What's alarming ??? is the increase in the Banks that have a "camels rating" between 4 & 5. If you look at the data (ie: rose from 8 to 52) that's a increase of 550% in 3 months.
What the FDIC had to do is raise (a special assessment ie: insurance premium) on each bank & it decreased the net income by 43% from the previous qtr.
Also introduced BTFP where banks could borrow using long term paper as collateral.
(some sympathy for the banks as the 11 hikes were very unexpected & never been done before in history)
I agree if you look at the cohort of FDIC banks it is still 1.1%. Lets hope its not increasing ???

On the flip side the 4587 banks that are supervised by the FDIC have operating revenue of 1 Trillion (that the size of the gdp of Saudi Arabia).

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Yes, I recall @Baron1 was the leader of the downrampers and lead the next "GFC" narrative. I told him the media will forget about these small regional banks closure in a few week.

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