2023-03-11 13:19:50
"Black Swan SVB"
Silicon Valley Bank in capitalization lost $9,500,000,000 per day after the announcement of fixing a loss of $1.75 billion
For example, #MATIC capitalization = $8.8 billion
TOP-4 US Bank lost $52,000,000,000 in capitalization today
SVB is trying to raise $2.25 billion through the sale of additional shares of the company.
The hardest dump of the banking segment with COVID-19 happened
Smead Capital - "There may be some kind of crack in the financial system... The first sign."
"High Fed key rate forces banks to suffer colossal unrealized bond losses" (WSJ)
It all happened because of a "bank run". When clients come for their deposits in order to transfer them to other financial instruments (with higher returns). Perhaps SVB had no other choice.
Banks do NOT have to sell their assets, but if they did, they must be reflected in the public report.
This is an additional signal for the Fed. It is worth waiting for the reaction of representatives
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