EngrAg14 said:
Anyone hear about this? If it's true can't be the only bank with the issue.
https://dailyhodl.com/2023/11/03/40000000000-in-unrealized-losses-hits-jpmorgan-chase-as-bank-of-america-wells-fargo-and-citigroup-face-exposure-to-us-treasuries-report/amp/
The entire banking industry is incredibly weak with very volatile balance sheets. If you haven't yet done your due diligence on your bank, you better. Something is brewing and setting up for a very bad outcome. And I don't believe "too big to fail" will be on the table. Because it's all of them. And very few are looking "safe" right now.
Ever researched bail ins? If you think bailouts sucked, just wait until you get your hard earned money caught in a bail in.
Some say this potential catastrophic event will usher in the CBDC.
And it isn't a fluke that gold and BTC are setting up for huge explosive moves in the coming year or two. I wrote a post a month or two ago about efficient allocation of your funds, both to hedge against these potential events and to properly organize your assets to be deployed into a balanced portfolio of low risk and high risk investments. Suggest you go back and read if you are at all worried about your bank.
Lastly, there was a poster who who advised how to breakdown the risk on a bank's balance sheet from mismatched duration bonds. Would love an update from him.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)