That's 64% of the balance sheet reduction since last year reversed in just 2 weeks for those that are counting.
— Sven Henrich (@NorthmanTrader) March 23, 2023
The Fed's balance sheet just expanded the most for a two-week period since May 2020, during the height of the pandemic. pic.twitter.com/RbHjrK7zpE
— Lisa Abramowicz (@lisaabramowicz1) March 23, 2023
BANKS UNDER SEVERE SELLING:$FFWM -11.6%$CMA -11.3%$PACW -11%$HPP -10.3%$SLG -9%$ZION -8.6%$CVBF -8.6%$FRC -8%$DB -7.4%
— The_Real_Fly (@The_Real_Fly) March 23, 2023
This is outrageous: the Fed – which is now insolvent to the tune of a $42BN operating loss if it was in the UK – will be paying large US banks like JPM and foreign banks like HSBC $700MM in interest every single day, as the bank run in regional US banks hits $550BN (per JPM) pic.twitter.com/LIhJfPlViS
— zerohedge (@zerohedge) March 23, 2023
The market is currently pricing more rate cuts than before, hence the dollar keeps dropping pic.twitter.com/cbSRszQkm1
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) March 23, 2023