Wait until that echoes around the credit markets. We could see a fund blow up and or banks hit trouble….

Wait until that echoes around the credit markets. We could see a fund blow up and or banks hit trouble….https://t.co/wA6OMONqc7 https://t.co/2eitWXNnlP

— Shaun Richards (@notayesmansecon) March 9, 2020

Dick Bove on banks: “A sharp decline in oil prices will be a body blow to an industry already at high risk.” https://t.co/f4GphtGHZK

— Lisa Abramowicz (@lisaabramowicz1) March 9, 2020

a clear explanation of what's going on, though it doesn't make you feel much better https://t.co/FD1muMI9e1

— Scarlet Fu (@scarletfu) March 9, 2020

a clear explanation of what's going on, though it doesn't make you feel much better https://t.co/FD1muMI9e1

— Scarlet Fu (@scarletfu) March 9, 2020

This might be one of the most stunning charts of all.

Bonds for the oil company Occidental, which were trading above par just in mid-February, now completely obliterated. https://t.co/Rzg20DvvKP pic.twitter.com/KgrNtlAKkr

— Joe Weisenthal (@TheStalwart) March 9, 2020

US bank equity % changes since 2/19 …

BAC -34%
C -30%
GS -25%
JPM -28%
MS -31%
WFC -27%

— Sean George (@seanhgeorge) March 9, 2020