Banks report good earnings because they sold off their assets?

by laflammaster

After my thesis from Fed’s H8 that the major banks have sold off their assets by 30% – 40% this week, I decided to look around to find more proof. I found DTCC’s data (LIC) that shows a large value spike around the same time that the banks would report on it (1w delay) – cleared through the CNS.

Caption: Table 3 – Not Seasonally Adjusted ($B)

www.federalreserve.gov/releas…

Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.