Bob Michele (JP Morgan's CIO) on Bloomberg this morning talking about the Fed's emergency BTFP interventions & the liquidity crisis in banks.
He also specifically mentioned Truist Bank 😬
Truist Bank has over $500 billion in assets & could be on the verge of failure along with Charles Schwab
(twitter.com)
💥 BANK COLLAPSE 💥
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Thank you. I hope it gets stickied because a LOT of anons are not investing in crypto nor converting their reserve notes into PMs!
It may be a few days from now. When I do this, I want to say what I think will happen fully and well which may take some time.
I've got job fairs going on so I'm hoping I can get a job in what I've been studying for several years.It's been a very difficult time and I pray I can land me somewhere that can give me valuable experience.