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Notoriously difficult to anticipate??? Stanning for SVB when every single media outlet and signal from the Fed at the time of the purchases of those bonds was
by cbrozefsky 4y ago
Notoriously difficult to anticipate???
Stanning for SVB when every single media outlet and signal from the Fed at the time of the purchases of those bonds was that there would be increasing rates for the forseeable future. My mom saw it coming, everyone who was thinking of buying a house saw it coming, damn near everyone on the planet saw it coming.
Other banks were not sitting with +40% of their assets in 10yr term low interest securities... try more like 25%
- corbulo 4y agoIf you can predict what the fed is gonna do when its gonna do it you should be incredibly rich with that information.