The Perfect Storm Hits Big Banks: Tumbling Deposits, Rising Unrealized Losses, and Higher-for-Longer Interest Rates
September 30, 20237 min read1312 words
Published: September 30, 2023  |  7 min read1312 words
On March 30, 2022, two highly troubling events occurred: (1) Fed data showed that unrealized losses on available-for-sale securities at the 25 largest U.S. banks were approaching the levels they had reached during the financial crisis in 2008; and (2) the Fed simply stopped repor...
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Credible1
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80%
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5 reviews
img-contested
N/A
critic score
0 reviews
img-trusted
80%
public score
5 reviews
img-contested
N/A
critic score
0 reviews
img-trusted
80%
public score
5 reviews

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Credible
Sep 30
I marked this as 'credible' only because it.... seems like it is well-research? That question mark was intentional, as I can't be sure what the hell i just read. This was complicated. Lots of financial wizardry that is tough to translate. If your audience has trouble understanding it without a degree in finance, it's not good writing.
Sep 30
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