This meme video pretty well encapsulates the crisis facing regional banks.
The Twitter account Efficient Market Hype is known for an acerbic wit, which the user not infrequently channels into overlaying financial topics into meme videos.
The Twitter account Efficient Market Hype is known for an acerbic wit, which the user not infrequently channels into overlaying financial topics into meme videos. Without spoiling too much of the video, its basic point is that the Fed rate hikes have eroded the value of the bonds on regional bank balance sheets.
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