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Equal Librium Market - 3/9/23

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15 minutes ago, fxfox said:

The regional banks will get slaughtered. Maturity transformation big problem now. Only question is: Will it be like S&L crisis or WORSE.

 

The Keating 5 lives on........and their friends from Silverado....et, al.

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19 minutes ago, DrStool said:

What do I get for having warned about the banks many moon ago. 

If I were you, I would demand more Cow Bell......

Like those idiots (MSM, et. al) are gonna listen anyway....

 

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THE HIDDEN BANK BOND LOSSES IN PLAIN SIGHT

Quote

 

Dr Stool

What do I get for having warned about the banks many moon ago. 

 

Answer

Unless you were short any bank stocks .... just a warm fuzzy feeling and perhaps a few more subscribers.

Thats why the equation:

Knowledge + Capital + Action = Happiness

Is so important.

However what amazes me is how long the market took to cotten on to the blindingly obvious.

The lag between the knowledge and the action was a rather long one.

 

Also no body seems to be thinking about Insurance companies ...which are ofter big bond holders.

A timely article about the impact on insurers would be very useful.

 

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44 minutes ago, BreakOut said:

“Long and wrong” has long been your theme for the banks.  
 

“Hey Franz, I found a truckload of negative bunds, what do you want me to do with them?”

„Hand them over to Deutsche, Fritz!“

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