Regional Bank Stocks Are Crashing Again... | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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The day after Powel removed "banks are sound" from the FED language.
Yea, not so much. All reginal banks down to almost SVB lows,and the day is not over.
![bfmBB38.jpg bfmBB38.jpg](https://www.indianagunowners.com/data/attachments/260/260098-3d56e3b20a5c602cff4902ac4167bacc.jpg)
REIT losses coming home to roost in NY(but impacting all banks).
![bfmA35B.jpg bfmA35B.jpg](https://www.indianagunowners.com/data/attachments/260/260099-8039918bbf4c63203f202696164cdb96.jpg)
It is already worse than SVB lows for some banks, such as NYC. I have a feeling it is just the start. The market wanted rates cut and a new QE program. It got neither yesterday.
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