PACW 90% chance the pattern resolves in ... Dive Dive Dive!
Treasury and FDIC demonstrated zero interest saving shareholders of SIVB (wiped out, the buyer of assets got 16B+guarantees for loans).
Same will go for the rest of KRE = any assets are at deep dis count.
Can't save them all (nor they would want to). Industry consolidation.
The End.
Same will go for the rest of KRE = any assets are at deep dis count.
Can't save them all (nor they would want to). Industry consolidation.
The End.
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