pandalinden
2023-03-19

Cool

@WebbBart：
Can draw down line with $JPMorgan Chase(JPM)$ or con't Fed borrow but comes at high cost (approx. 5%) & not a LT solution. Must sell assets at some point. So, will approach from this angle... Cash/AFS/HTM raise $31B (Tang BV now $8.8B p losses) Sell $85B of loan book at 8% haircut comes = $79B Not all bank balance sheets are built the same. $JPMorgan Chase(JPM)$ +3.5% YTD $Bank of America(BAC)$ -1.0% YTD $Wells Fargo(WFC)$ +6.9% YTD $SVB Financial Group(SIVB)$ +16.4% YTD
Can draw down line with $JPMorgan Chase(JPM)$ or con't Fed borrow but comes at high cost (approx. 5%) & not a LT solution. Must sell assets at some point. So, will approach from this angle... Cash/AFS/HTM raise $31B (Tang BV now $8.8B p losses) Sell $85B of loan book at 8% haircut comes = $79B Not all bank balance sheets are built the same. $JPMorgan Chase(JPM)$ +3.5% YTD $Bank of America(BAC)$ -1.0% YTD $Wells Fargo(WFC)$ +6.9% YTD $SVB Financial Group(SIVB)$ +16.4% YTD

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  • meurasian77
    ·2023-03-19
    thanks for sharing
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