Posted on 02/03/2024 5:30:43 AM PST by davikkm
Amidst the unfolding year, concerns heighten over a looming financial crisis, with a potential bank failure on the horizon. The Office of the Comptroller of the Currency (OCC) proposes rule changes, including waiving margin requirements for major banks during periods of “high volatility,” sparking questions about the stability of the financial system.
The specter of last year’s challenges resurfaces, with shares of $NYCB plummeting and regional banks experiencing a downturn. Notably, the financial sector is gripped by worries of a derivatives implosion, adding complexity to an already precarious situation. The ongoing decline in commercial property values, coupled with the exposure of banks to approximately $560 billion in commercial real estate maturities by the end of 2025, intensifies concerns.
(Excerpt) Read more at citizenwatchreport.com ...
Not until after March. (Unless the Fed extends BTFP)
What happens in March?
An alcoholic won’t have withdrawals if he keeps drinking.
Of course he’ll die of organ failure in a pile of his own waste…
“An alcoholic won’t have withdrawals if he keeps drinking.
Of course he’ll die of organ failure in a pile of his own waste…”
Why not HER waste and think of Hillary!
BTFP ends
https://www.reuters.com/markets/us/key-elements-feds-new-us-bank-funding-program-2023-03-13/
My apologies.
She dies, surrounded by broken ashtrays…
March 11.
<;-)
Why March 11th? Super Tuesday?
Read the thread ... see post 6.
Got it. Thanks.
Thanks.
Thanks.
BKMK
MARCH
I would provide a general warning to those that are invested in bank stocks, or into mutual funds that are heavily invested in bank stocks. Start your transfer to more tangible assets (commodities, land, etc.) now and avoid the rush.
If your 401k allows you to shift to different funds, look for funds that do not invest in financial stocks.
Just my 0.02
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