From $NVDA to Janet Yellen, from $AAPL to Jerome Powell, from $SMCI to Gary Gensler, from Joe Biden to the #BLS, from Rishi Sunak to $HSBC, from Christine Lagarde to #GermanRealEstate, from the #BOJ to $GOOG and on and on. What do all those I mentioned have in common? They…
Tag:$BAC
WITHOUT THE FED BTFP, BANKS WILL NOW HAVE A HARDER TIME TO “HIDE TILL MATURITY” THEIR LOSSES
I started the year writing about how in 2024 the practice used by banks of hiding their losses in Hold to Maturity books (hence “hide till maturity”) would have come to an end [Post Below]. However, I was wrong there, because I wrote this: “As I explained in a post…
BANK OF AMERICA WENT “CRAZY” IN Q4 (LITERALLY)
While digging into #BAC‘s Q4-23 financial statements, I couldn’t help but wonder if they had lost their minds during the last three months of 2023. No, I am not referring to the “press release” or the “presentation,” which are usually prepared to “feed” the media rather than provide transparency to…
WHICH BANKS ARE AT RISK OF GOING BUST IN A LIQUIDITY CRISIS BECAUSE ALREADY (RIDICULOUSLY) INSOLVENT?
Thank you for waiting, but I assure you what follows isn’t going to disappoint you! Two months ago in “This time is NOT different – Part 2,” I flagged how my analysis at that time flashed (big) red warnings on several US banks (TwitterX). My analysis today will expand on…