The FED gets in the way/interrupts business cycles - especially too big to fail-ism. Right now JPM has a larger market cap than all the regionals in the KBW Bank index. All. But some combination of a flat, consumption, VAT tax would be closer to fair than any rate system we have ever used in this country.
Oh and here's another, non-bank techie AAPL ('cept for Apple-Pay, joint-venture thingy with Goldman and whatever they come up with next to skirt around banking rules ) is now worth more than all of the Russell 2000 companies combined.
These are serious problems you mention. We need to fix them. But I think not to be laid on the Fed. More later.
%% KRE is nicely below 200dma; but some are buying it off don channels. Even though talkin snake media pushed the ''panic ''; looked like many including me /simply moved some of it to money market- brokerage LOL I like well managed regional banks+ money market% much better than BAC. Much better customer service than BAC. But both of of those are below 200dma, not that time is the short sellers or inverse ETF friend=its not.
%% GOOD tech trends; much better than BAC or their customer service. Local banks tend to give much better customer service than BAC, which is still below 200dma + negative % YTD.
As long as the Fed keeps raising rates the specter of bond losses will linger. Even Schwab hasn't really come back. Inflation will keep lingering unless NATO gives up its dream of capturing Russia.
%% Sounds mostly right; SCHW [all time winner]still up from 1999 peak\ down from all time HI. Gasoline down\ eggs down a lot/ good SPY benchmark UP trend 2023.
in that case, is there any article from major financial website that predict a month range of when the next regional bank run will be? I figure next Jan. to Feb. is when people money run out to pay their higher int. mortgage, so by March or Apr., regional bank may have not enough people making their mortgage payment