by BoatSurfer600
We are seeing a contagious bank run and pledging to protect small banks by not protecting uninsured deposits which is half the deposit base
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Bulls are going to find out what it’s like to go through a financial meltdown WITHOUT any bailout insurance. Hint: It’s not as much fun
The recent stress in the banking sector has fueled growing concern about spillover effects on the commercial real estate industry especially in the office property sector which could be the next domino to fall due to the rapid ascendancy of US interest rates.