The 4 biggest banks 🏦 in wallstreet lost $55b in market value in 1 day and more bad news are flying in… be safe padawans

This is just the beginning of multiples bubbles about to burst 🫧📌 Free money comes at a cost when zombie companies can’t be kept afloat => Now will the Fed be dovish and further erode confidence in the dollar? 🤔 There is no win-win scenario… bursting bubbles is the way 🧘‍♂️

I think Powell already knew about the cracks in the credit markets… that’s why he turned from the bear of jackson hole into mr disinflation Will we soon get the pivot for the wrong reasons triggering a massive currency debasement? 🤔 That’s the plan.. physical gold 👀

Didn’t Cathie Wood just recently call her $ARKK hopium fund the „new nasdaq“? Now bears are gathering to short it to oblivion

Quick hint: Don’t get rekt bc of high volatility by unleashing all your bearish instincts => The most volatile days are still ahead and everyone is watching liquidation zones to nuke each other 🗓️ May the force be with you. Enjoy weekend you must now

Biggest bank affected now is Bank of America BofA… 2nd largest by deposits Unrealized losses equivalent to ~42% of its total equity, ~$116B => Problem would kick in when unrealized losses become realized… if they can’t hold on to gov bonds until they mature bc of a bank run