Are the big banks still safe?

I guess we really will “own nothing” according to the World Economic Forum.

As long as there are plenty of crises, the global central banks can just buy EVERYTHING.

BAC and JPM are rock solid. All the fear porn in the market right now is making for some prime purchasing opportunities.

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Are the big banks still safe?

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Yes, of course. SIVB actually wasn't even THAT unsafe. It was just a crazy panic sparked by generally poor decision making at that bank.

i work for a mid sized bank (hancock Bank) we actually saw in influx of deposits in a major way this morning.

mainly with other larger banks from what i heard.

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BAC and JPM are rock solid. All the fear porn in the market right now is making for some prime purchasing opportunities.

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As a friend of mine used to say when the VIX would spike: when in danger, when in doubt… weak hands will run in circles, scream and shout.

I don’t want to see an actual meltdown or anything even close. But I don’t feel a bit guilty about taking advantage of the inflated option premiums on SPX we’re seeing.

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BAC and JPM are rock solid. All the fear porn in the market right now is making for some prime purchasing opportunities.

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That's what people said in 2008 and they told you they were going to crash the economy multiple times in the run up to this

Meh, that’s not a surprise to anyone in the industry but the MSM will spin it to cause panic.