20 Nov 2023
US Commercial Bank deposits fell 2.5% over the last 2 years, the largest 2-year decline on record
Source: Charlie Bilello
13 Nov 2023
U.S. Banks have fallen to an all-time low against the S&P 500
Source: FT, Barchart
7 Nov 2023
For only the 3rd time in the last 50 years, commercial bank credit has declined by more than 2%
The other 2 times were the peak of the Dot Com Bubble and the aftermath of the Global Financial Crisis. Source: barchart
30 Oct 2023
U.S. Bank losses on held-to-maturity assets have soared to an ALL-TIME HIGH of $400 Billion
Source: Barchart
30 Oct 2023
This is WORSE than the 2008 Financial Crisis. Credit card defaults are rising at levels NEVER seen in 3 decades
Source: Game of Trades
26 Oct 2023
4 of Wall Street's biggest banks have recently plummeted to levels not seen since the devastating March Banking Crisis
YTD losses are staggering, with 📉 ranging from -15% to -24% causing significant concerns for investors & overall market Source: The Coastal Journal
23 Oct 2023
In case you missed it...
Citigroup $C closed at its lowest price in more than 3.5 years Source: Barchart
16 Oct 2023
$JPM JP Morgan Chase Q3 FY23
CEO Jamie Dimon: "Now may be the most dangerous time the world has seen in decades." • Net revenue +22% Y/Y to $39.9B ($0.5B beat). • Net Income $13.2B. • EPS: $4.33 ($0.39 beat). • CET1 ratio of 14.3%. Source: App Economy Insights
