EugeneRodriguez
2023-03-29

Day of Reckening on hand for Fed and US debt...

Runaway inflation and Banks in trouble...

So, Stay out banking stocks for next 2-3 years....

Over 90% of mortgage market debt is under water since mortgage rate has been below 5% for last 15 years or so...

Same could be said of treasury bond market, interest rate has been below 3 percent for over 15 years so they are all under water...

Banks have not or is not required to write down unrealized losses like in the past. Any type of run on the bank will trigger loses unimaginable. Fed has to pay the piper at some point and day of reckoning is at hand. No way out due to 32 trillion dollars in debt...

Get ready for stagflation 70's style..

Good Luck to all and do your due diligence always...

Hey Signature Bank... You feeling ok?Hey Signature Bank... You feeling ok?

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