We do know, at least from the last crisis, that so far the US stress tests have been effective at accurately gauging bank strength. (This is in contrast to the

We do know, at least from the last crisis, that so far the US stress tests have been effective at accurately gauging bank strength. (This is in contrast to the ECB stress tests during the Euro crisis, where repeatedly banks that had passed a stress test ended up needing bailouts or falling over.)