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I think the market assumes that since everyone is exposed, no one is exposed (there will be bailouts).
by candiddevmike 3y ago
I think the market assumes that since everyone is exposed, no one is exposed (there will be bailouts).
- toomuchtodo 3y agoFDIC bailouts or failure managements of smaller non GSIB banks who are overexposed. Haven't dived into which banks are most at risk, potential investment opportunity if their equity is publicly traded (not investing advice). https://www.fitchratings.com/research/banks/us-regional-small-banks-cre-exposure-could-pressure-ratings-24-05-2023 https://www.fitchratings.com/research/banks/us-regional-smal... https://www.fsb.org/2023/11/2023-list-of-global-systemically-important-banks-g-sibs/ https://www.fsb.org/2023/11/2023-list-of-global-systemically... Related: https://www.bloomberg.com/news/articles/2024-01-30/billionaire-sternlicht-sees-1-trillion-loss-in-office-values https://www.bloomberg.com/news/articles/2024-01-30/billionai... | https://archive.today/isGFU https://archive.today/isGFU ("Billionaire Barry Sternlicht sees more than $1 trillion of losses for office real estate, calling the properties “one asset class that never recovered” from the pandemic.")
- toomuchtodo 3y agoAdditional citation: https://www.bloomberg.com/news/articles/2024-01-31/new-york-community-bancorp-slumps-on-surprise-loss-dividend-cut https://www.bloomberg.com/news/articles/2024-01-31/new-york-...