CapitalNotes on Nostr: Great read for any of my Advanced Bank Management students or anyone interested in ...
Great read for any of my Advanced Bank Management students or anyone interested in banking system contagion. 🏦
Businesses with large deposits should consider performing EXTREME levels of due diligence on the assets backing their deposits, the quality, liquidity, and mark to market values of those assets. If uncomfortable with your bank, move your deposits to 1-3 month T-bills. Then instead of having multiple counterparties to worry about you only have one, and they have the power to tax citizens and print money.
#banking #recession #contagion #banks #FDIC #FederalReserve #FedPolicy #finance #business #investing #trading #investment #SilverGate #SiliconValleyBank #SIVB #SI #XLF #bank #money
https://www.zerohedge.com/markets/300-billion-reasons-why-svb-contagion-spreading-broader-banking-system
Businesses with large deposits should consider performing EXTREME levels of due diligence on the assets backing their deposits, the quality, liquidity, and mark to market values of those assets. If uncomfortable with your bank, move your deposits to 1-3 month T-bills. Then instead of having multiple counterparties to worry about you only have one, and they have the power to tax citizens and print money.
#banking #recession #contagion #banks #FDIC #FederalReserve #FedPolicy #finance #business #investing #trading #investment #SilverGate #SiliconValleyBank #SIVB #SI #XLF #bank #money
https://www.zerohedge.com/markets/300-billion-reasons-why-svb-contagion-spreading-broader-banking-system