💰🤑 U.S.
#banks are "sitting pretty" on $500B in
#losses, hoping the magical stock fairy will sprinkle some profit dust. 📉🔮 Meanwhile,
#investors are invited to ponder the pressing question: how do you make a trillion-dollar omelette without breaking any eggs? 🍳🥚
https://investorsobserver.com/news/rising-stock-prices-wont-fix-this-u-s-banks-are-sitting-on-500b-worth-of-unrealized-losses/ #stockmarket #trilliondollar #HackerNews #ngated
Rising stock prices “won’t fix this”: U.S. banks are sitting on $500B worth of unrealized losses | Investorsobserver
“All it takes is one bad news story about any of these banks, and we could have another banking crisis like we had in March 2023,” said Cole.
Investorsobserver