%% Could be , for some woke-broke CA banks with gov bonds ; +regional banks still below 200dma .A 2nd US debt downgrade seems so far overdue, may not mean much now. But KRE, XLF are being bought off bottom weekly Don Channel. SPY main benchmark/ still looking fairly strong,2023. FDIC funds look fine; but its not FDIC fault for woke broke bunch. Con..... Ill Bank , good thing they changed thier name LOL.. Crooked woke manager took $585 ,000 loan bribe. ILL is also known for woke broke bunch. Green Choice Bank , Valley Bank ..... went belly up \ILL banks.
can someone please provide the link for the causes of all these regional bank failure? I know it has something to do w/ those 1% yield treasury that they bought, but I want to read the whole thing