Rating agency Moody\'s slashed its outlook on the entire U.S. banking system to negative in the wake of recent bank turmoil in the country. ...

[a a]

Rating agency Moody\'s slashed its outlook on the entire U.S. banking system to negative in the wake of recent bank turmoil in the country. #GLOBALink

 

[Fred Bloggs]

On Wednesday, March 15, 2023 at 11:23:57 AM UTC-4, a a wrote:
> Rating agency Moody\'s slashed its outlook on the entire U.S. banking system to negative in the wake of recent bank turmoil in the country. #GLOBALink

\"The good news, Moody’s said, is that America’s banking system is generally healthy. It has enough cash and liquid assets to withstand an economic downturn. The bad news, for banks anyway, is that US regulators may require them to hold more capital after SVB’s rapid failure.\"

As I suspected, the SVB failure was a regulatory failure, meaning their balance sheet fell out of regulatory requirements by a smidge, so they weren\'t allowed to do any more banking by law. Then all these idiot low-life\'s in politics and MSM making it look like the bank lost its shirt in high risk investments is total bullshit beyond belief. Buying U.S. Treasury notes is a high risk investment??? Main stream press are idiots.

https://www.cnn.com/2023/03/14/investing/moodys-us-banks-downgrade/index.html

 

[a a]

>

Yet one more #veryStupidByLowIQaa post.