For years here it has been theorized that the Mother Of All Short Squeezes will be triggered by a stock market crash, a steep decline in collateral, an nft dividend, or some other triggering event in which shorts are forced to close out short positions. The macro environment has become increasingly frothy, as banks continue to crater and collapse our diamond hands can HODL forever. It costs us nothing to HODL, but shorts face increasingly diminishing collateral as quantitative tightening sucks up more of the money supply and financial hardships continue to emerge for large entities.
US Bancorp has 3,106 branches and 4,842 automated teller machines, primarily in the Western and Midwestern United States.[2] It is ranked 117th on the Fortune 500,[6] and it is considered a systemically important bank by the Financial Stability Board (Credit Suisse was also considered a systemically important bank. It still collapsed). The company also owns Elavon, a processor of credit card transactions for merchants, and Elan Financial Services, a credit card issuer that issues credit card products on behalf of small credit unions and banks across the U.S.