7 ms·
Silvergate, SVB, and Signature were cooking for some time and I imagine a few others are too – but would foregoing an expected 25bps rate hike really change any
by ellisv 4y ago
Silvergate, SVB, and Signature were cooking for some time and I imagine a few others are too – but would foregoing an expected 25bps rate hike really change anything?
- bombcar 4y agoFrom this I can deduce that banks with names starting with S go bankrupt.
- rayrey 4y agoSchwab is next?
- tracker1 4y agoOne can hope.
- ellisv 4y agoMaybe. What's the conditional probability a bank's name starts with S?
- bombcar 4y agohttps://www.bestcashcow.com/banks/S https://www.bestcashcow.com/banks/S has 24 on a page it seems, and 15 pages, so 360 out of 4778 apparently. 7%, which is higher than the expected 3%.
- nerdponx 4y agoYou'd probably want to set your expected % based on word-starting tokens in some large English-language (or Latin-script) corpus, due to the unequal distribution of letters in English and languages that use Latin script generally.
- bombcar 4y agoAnd then probably balance it somehow by what states have which letters, and the fact that Savings begins with an S. B probably wins because of Bank.