2 ms·
The stock price has nothing to do with whether the bank is solvent. It's about the balance sheet and if they can service a large amount of withdrawals within a
by adam_arthur 4y ago
The stock price has nothing to do with whether the bank is solvent. It's about the balance sheet and if they can service a large amount of withdrawals within a short timespan.
Stock price can only be treated as an indicator of what the market thinks.
- dmix 4y agoSo make the database then with your foresight. I'm sure it would be extremely valuable. Prove me wrong if it is indeed public.
- adam_arthur 4y agoThere are hundreds of threads on twitter already analyzing the balance sheets of the public banks and ranking them based on risk levels. First Republic has been singled out as one of the more vulnerable, and thus, likely to experience a bank run over the coming days. Many pics of people withdrawing their money en masse from the bank earlier today: https://twitter.com/Dr_PhillipB/status/1634632068058722304?s=20 https://twitter.com/Dr_PhillipB/status/1634632068058722304?s...