Independent thinking for complex markets and current events
For the definition: https://www.investopedia.com/terms/b/bailin.asp https://www.investopedia.com/articles/markets-economy/090716/why-bank-bailins-will-be-new-bailouts.asp
Personal and household debt at all-time highs,far fewer loan transactions, Low interest. All bad signs for banks. Not to mention their exposure to airlines, hotels, tourists, and other industries. I’ll be surprised if any can pass the stress test. They cant play fast and lose with bank members’ cash. Banking shares still down about 30% …
50% of the assets seized from the bank failure Friday were uninsured deposits. Just like SVB Everyone needs to remember. Anything over $250,000 in one bank is u insured. This means if you have 400k in a bank the FDIC will only guarantee 250k of it. Kiss the other 150k bye. — QE Infinity (@StealthQE4) …