$Charles Schwab(SCHW)$ This stock has huge unrealized bond losses on the balance sheet that has tanked its book value in half. They also have burned through half of the cash they had at its peak in 2021.
This is by far the most overvalued bank stock. Goldman Sachs$Goldman Sachs(GS)$ was able to navigate the bond market without having huge losses. This company is a mismanaged bank living off fed bond buying.
Now that the fed bond buying has dried up and turned into bond selling, this company looks like it could go bankrupt.Clients are going to start withdrawals anytime. Watch it crashing to $5.
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