Banks are back at the lows of 2023, because manipulated earnings expectations are better than feared. pic.twitter.com/jdnDR9xHUv
— Mac10 (@SuburbanDrone) October 24, 2023
🚨 BREAKING: BANKS COLLAPSE 📉
4 of Wall Street's biggest banks have recently plummeted to levels not seen since the devastating March Banking Crisis.
YTD losses are staggering, with 📉 ranging from -15% to -24% causing significant concerns for investors & overall market pic.twitter.com/vVBVD7MMT2
— The Coastal Journal (@1CoastalJournal) October 24, 2023
🚨
Barclays -6.79%
PacWest Bancorp -8.90%
Banc of California -6.30% https://t.co/vlJ29i67SX— Financelot (@FinanceLancelot) October 24, 2023
#recession … #GFC2 US #Banks edition#Banking $BKX $XLF $KRE $PACW 📉🥶 https://t.co/RCdzN3vXSy pic.twitter.com/1LRhK1Rzkj
— Invariant Perspective (@InvariantPersp1) October 24, 2023
#recession … #StockMarket Bubble edition#Banking $BKX $XLF $KRE $BANC 📉💀 https://t.co/eQh6f5wPCf pic.twitter.com/tS6PHRwFbH
— Invariant Perspective (@InvariantPersp1) October 24, 2023
#recession … #GFC2 US #CRE edition#commercialrealestate #CMBS 📉 🥶 https://t.co/XukSUmULNO pic.twitter.com/56ex5mdUCx
— Invariant Perspective (@InvariantPersp1) October 23, 2023
#Recession Coming? Fed says no! But what do others say? pic.twitter.com/RNNT49l6Ld
— Donervan Chong (@Donervanchong) October 20, 2023
Subject to a Run? Fed Financial Stability Report at $20.3 Trillion Say’s So
The Federal Reserve’s recent Financial Stability Report paints a concerning picture, despite attempts to cast the outlook in a positive light. A standout alarming detail: $20.3 trillion of “runnable” money, especially considering smaller liabilities recently caused banking panic. The report cites vulnerabilities, such as banks under stress, prime MMFs prone to runs, and life insurers with risky assets, reminiscent of the 2008 AIG bailout. This emphasizes the Fed’s questionable approach: limitless electronic money creation to mask its supervisory failures, which undermines the U.S. financial system’s stability.