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Monday is going to be a shit show. All banks are going to see large depositors pull funds, to diversify risks. They will have incoming deposit activity too, bu
by rywalker 4y ago
Monday is going to be a shit show.
All banks are going to see large depositors pull funds, to diversify risks. They will have incoming deposit activity too, but the weaker ones may have a cash crunch that causes a widespread run, as dominos begin to fall.
Hopefully govt takes quick actions like this one, to minimize effect - but we are definitely getting more pain before relief :(
- xwdv 4y agoWhere is the best place to track the shit show in real time??
- rywalker 4y agoI’d say bank stocks with biggest price drops would be big indicator of which banks are most at risk. I wouldn’t be surprised if all bank stocks are halted with the market open, to contain the contagion.
- AH4oFVbPT4f8 4y agoHow would an investor know if a bank is at risk other than speculation?