Speaking of under-funded banks, Schwab just announced they are cutting jobs AND raising debt. https://t.co/Bd8grqcl0J
Market not happy as exploding money market yields pressure banks to raise deposit rates or face mass exodus. pic.twitter.com/ugidUJHuIW
— Mac10 (@SuburbanDrone) August 22, 2023
Financial stocks are dropping, moar BTFP liquidity is needed
— Alessio (@AlessioTMAD) August 22, 2023