Banks are in PAIN! Half of US banks with $11 trillion assets have lower assets value compared to debt liabilities, $2.2 trillion lower than book-value.

by Dismal-Jellyfish If half of uninsured depositors decide to withdraw, the losses due to CRE distress would result in up to 58 smaller regional banks becoming insolvent in addition to 186 banks that would become insolvent just due to higher rates. Wut Mean?: The U.S. banking system’s market value of assets is about $2.2 trillion …

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Federal Reserve Alert! July 2023 Senior Loan Officer Opinion Survey on Bank Lending Practices. Banks plan to further tighten lending standards across all loan types. Why? Expected decline in collateral value, Anticipated decrease in credit quality, Predicted liquidity challenges, & Deposit Outflows.

by Dismal-Jellyfish Table 1 (PDF) | Table 2 (PDF) | Charts (PDF) Wut Mean?: Commercial and Industrial (C&I) Lending: Banks tightened standards for C&I loans to businesses of all sizes. All loan terms for C&I loans, like rate spreads, premiums on riskier loans, credit line costs, and many others, were tightened. Both large and other banks tightened C&I lending …

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2% inflation destroys 55% money value in 40 years.

So many think 2% inflation is fine. Here's what I'd love everyone to understand… In a 40 year working life:2% inflation destroys 55% of the value of your money.4% is 79% loss6% is 90% destruction THEFT! — Gary Brode (@Gary_Brode) July 11, 2023 Headline CPI set to tumble to 3.1% Y/Y in June from 4.0%, …

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Commercial real estate crash threatens -40% decline in value

The commercial real estate crash is happening.📉 Values for office, retail, and apartment buildings are already down -11%. Morgan Stanley thinks values could crash -40% when all is said and done. Big problem for US Economy. pic.twitter.com/iA64qrjfsS — Nick Gerli (@nickgerli1) July 10, 2023 2) We're already seeing owners of office buildings, malls, and apartments …

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Used electric cars have nosedived in value in 2023

Some electric car owners have seen the value of their vehicles plummet in value by thousands of pounds already this year as demand for second-hand battery models continues to crash. Exclusive figures shared with This is Money show that all 20 second-hand cars that have deflated most significantly in price since the start of the …

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Rebound in Rates Puts Pressure on Banks, Holdings of bonds and loans likely fell in value for most lenders in the second quarter

From the WSJ: Unrealized losses on bonds and loans held by U.S. banks are expected to have grown in the second quarter, potentially reanimating an issue that made investors nervous earlier this year. Meanwhile, pressure on profits is rising. A resilient economy and a steadier banking system caused market values for debt to generally fall …

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