/smg/ Mo Money Mo Problems.

[Anonymous No.54042911]

Banks coming
Banks coming out
Banks cumming
Banks Cumming OUT

Now, who's insolent who/s not?
Tell me what bank's out, whats not?
You tell me bank flopped, who copped the blue drop?
Whose gold and useless rocks
Who's mostly Dolce down to the red stocks?
You know ain't nothin' change but my limp dick
Can't stop 'til I see my dick on a blimp
Guarantee a million sales, call it love or luck

I don't know what the fed wants from me
It's like the more money I come across
The more banks fail
It's like the more money I come across
The more problems I see
I don't know what the fed is doing
It's like the more money I come across
The more banks starts running

https://www.youtube.com/watch?v=gUhRKVIjJtw

previous>>54038081

[Anonymous No.54042950]

I have been here all day and didn't realize there was a sticky.

[Anonymous No.54042973]

If you have your money parked in a bank similar to SVB, what's stopping you from taking out your money right now to avoid the same problem?

I unironically believe the bank runs have already started. So much money is moving out from these regional banks to the big ones that it's putting pressure on Wells Fargo's online banking. That's why it keeps going down.

If their plan was to mitigate this scenario I think it's too late.

[Anonymous No.54042975]

Nice links OP. Did you make those yourself?

[Anonymous No.54043018]

Nothing else matters

[Anonymous No.54043034]

>>54042973
>If their plan was to mitigate this scenario I think it's too late
as far as i'm aware nothing but an extremely vague and weak statement was made about this by anyone in any official capacity yesterday

[Anonymous No.54043053]

>>54042710
> Bank runs are starting
>That's why I don't like HIFS.

Lol.

Anon.

Look At. How Much Of HIFS Depositories. Are Local.

https://www7.fdic.gov/sod/sodMarketBank.asp

He Doesn't Understand. Why. Banks. Need. A High. Concentration. Of. Local. Depositories.
He won't click the link.

He'll just keep posting about trannies and niggers all day long.


He won't. Look. For. Total. Deposits. In. The. Home. Market. For. Banks.

[Anonymous No.54043056]

>>54042975
EXCUSE ME!! EXCUSE ME!!! MR. PRESIDENT BIDEN SIR. WHERE IS MY MONEY NIGGA!!!!!!?!?!? WHATCHU MEAN THE MONEY IS GONE???!?!?!?

LET ME TALK TO YOUR SUPERVISOR MR. PRESIDENT CAUSE YOU GIVING ME AN ATTITUDE AND I'M GETTING REAL TIRED OF YO SHIT!!!

GIVE ME MY MONEY NIGGA!!!!!!!!!!!!! YOU STUPID OLD ASS UGLY ASS PEDO MONKEY GOBLIN LOOKING NIGGA!!!!!!!!

[Anonymous No.54043057]

Imagine you were made the portfolio manager for the entire savings of some middle-class 60-year-old boomers. How would you design their portfolio?

[Anonymous No.54043068]

Reminder: We warned you.
Reminder: You didn’t listen.

[Anonymous No.54043101]

>>54043057
Gold bars. Palettes of it and nothing else. Redemptions not allowed until total economic collapse.

[Anonymous No.54043128]

>>54043057
4% bonds are good enough for them.

[Anonymous No.54043136]

>>54042975
The world is dying.
Crypto is crying.
Onlyfans are starving.
The financial market is crumbling.
The banks are failing..

And here you are complaining about your links.

No NO NO NO. i think we had enough of your links.

[Anonymous No.54043143]

>>54043068
Reminder: We warned you.
Reminder: You didn't listen
Reminder: You followed the 1st class passengers back to your cabin and went to sleep. And now you drown.
>>53231137
>>53231137
>>53231137

[Anonymous No.54043147]

>>54043018
First of all, Ackman is a retard and not your friend. He only weighs in when he has a dog in the fight.
Second of all, the bank run was officially $45b. SIVB had $13-15b on hand, with $21b AFS proceeds. That leaves them $950m underwater after FDIC took the wheels.
So not even one billion. Do you fucking get it now? Who stands to gain from spreading panic over a literal nothingburger?

[Anonymous No.54043153]

>>54043101
Even gold ETFs aren't good enough for you. Based?

[Anonymous No.54043156]

>>54043018
Then they’ll get no student loan payments from me. Since they don’t pay, I don’t pay.

[Anonymous No.54043159]

>>54043053
I took a look into HIFS last night >>54035322

[Anonymous No.54043167]

>>54043153
No of course not. If you're going to buy gold why buy it on paper?

[Anonymous No.54043185]

I'm gonna buy one HIFS stock and do aabsolutely research on it so I can continue posting about biggers and trannies unperturbed and if I dont get rich by summer I'm going to Delhi to find that schizo fuck and give him what for

[Anonymous No.54043195]

>>54043128
Dubious long-term growth, but I can respect the simplicity. Treasurys only, or are investment-grade corporates okay too?

[Anonymous No.54043210]

>>54043185
I mean absolutely no research. That's a very important part of my plan

[Anonymous No.54043228]

>>54043147
Bank is closed and people cant access their deposits
thats all that matters

[Anonymous No.54043234]

>>54043195
Any bonds are fine as long as they aren't junk rated. But I would do treasuries for the simplicity.

[Anonymous No.54043252]

>>54042911
>https://twitter.com/BillAckman/status/1634564398919368704
Bill Ackman is a con-man. He advocated for COVID lockdowns just before March 20th specifically so his Credit Default Swaps could print. This guy does not give a fuck about normal working people or tax-payers. Whatever he champions you better believe its in your best interest to champion the complete 180 exact opposite. Fuck this guy, he makes even Carl Icahn look like a saint.

[Anonymous No.54043256]

>>54043147

[Anonymous No.54043271]

>>54043056
all women are whores

[Anonymous No.54043281]

>>54043147
>First of all, Ackman is a retard and not your friend. He only weighs in when he has a dog in the fight.
This
>>54043252

[Anonymous No.54043282]

>>54043256
shit is going down

[Anonymous No.54043294]

>>54043147
The contagion that can spread. That is what I'm most concerned about.

[Anonymous No.54043296]

>boss is on phone with bank furious
>all of his checks are bouncing
>hes yelling about how its "his damn money"


This might actually be bad guys

[Anonymous No.54043304]

>>54043147
while everything you said is true, the public is retarded, and after seeing bank failure that wasn't bailed out, they will be more likely, on margin, to pull out their funds and deposit it at a more 'safe' institution
this will put pressure on the banks, regardless of how serious the initial failure was, and also put the market at odds with the Fed raising rates to fight inflation with the resulting inflows to treasuries / bonds

[Anonymous No.54043325]

In the past two weeks, I've lost over $190k in gains in the year 2030

[Anonymous No.54043345]

>>54035322

Nice thanks for taking a look at this random SMID cap banker. Lol.
>My main concern is that they've got customers holding $1.3 bil in short term CDs at an average yield of 2.4%. I assume these customers were going after a reasonably competitive rate at their time of purchase, but it can't compete with current t-bills. Outside of CDs, their other deposits actually shrunk by 7% year over year.

Well I guess that's a sign Jpow is doing his job? That is a concern, but not a salient one imo. (I most likely know about banks way less than you do, im trying to larp as an L/S generalist here)

But I don't think that customers are going to run for the exits even if HIFS can't compete with t-bills.

Robert Gaughen has been CEO for 28 years, and in financials, retaining wisdom over these boom-bust economic cycles is integral. HIFS has great longevity, high local depository share (something really good for value bank names), low efficiency ratio (means the banks stock benefits from low opex), healthy insider shareholder base, and allocation between divs+buybacks+retained earnings.

I am bullish on HIFS not because I'm some mega autist who can analyze borderline black-box 350 page bank 10-k filings, but because HIFS is a boomer Buffet style company that has the know-how to navigate through recessions with earnings that are consistently returned to shareholders (shareholders such as retards like me)

[Anonymous No.54043350]

>>54043256
They are already FDIC receivers with a 1 billion gap to close. Even smalltime HF's can fork out the money. No bailout needed. Even if they were to go bust nothing of systemic importance would be lost. The important SV's are Thiel and friends, and they don't work with SIVB.

[Anonymous No.54043352]

>>54043296
Will you work for free for a couple of months?
You could ask for 20% bonus when the money does arrive or the revenue comes in

[Anonymous No.54043374]

>>54043147
Sure just come up with a billion dollars, all you have to do is reprice your long hold assets. Oops you're insolvent, owe a billion, and lost all of your liquidity and assets meant for selling.

[Anonymous No.54043373]

>>54043159
>>54043345
look at the this the post where i try to pretend like im addressing ur concern about HIFS losing 7% in deposits while t-bills yield far better than the banks CD.

But this is a company I trust can benefit from a low efficiency ratio to return capital to shareholders.

[Anonymous No.54043378]

>>54043304

Mainstream News is spreading the bank run narrative...
You add on top of the 5% bonds annualized return. It will trigger regional banks to fail. Nobody is keep money in the bank yielding 0%.

The FED did this intentionally. Why do you need small banks when CBDC is launched? it becomes obsolete and useless.

This is far from a nothingburger... It's just starting...

[Anonymous No.54043395]

>>54043325
Time in the market beats timing the market!

[Anonymous No.54043396]

>>54043294
Let it spread. The chickens are coming home to roost for all these idiots gambling their money on COVID lockdowns and this shitty zombie scam tech zombie promoted "new normal" toxic lifestyle that crippled small businesses and working people. Not just with COVID lockdowns, but also runaway inflation eating into people's savings. Anyone who invested into anything based on this shilled, forced, toxic paradigm over the last three years is a piece of shit and deserves to lose everything. Absolutely ZERO sympathy. Fuck them all.

[Anonymous No.54043414]

>>54043185
>>54043210
The time horizon is a few years, this is a buffet style boomer stock, not a get-rich-by summer stock.

But by all means, go shoot up a Hindu temple like that white guy from Wisconsin did

[Anonymous No.54043419]

>>54043352
He screamed "if I can't write these fucking checks the entire banking system is fucked up" he then began shouting in russian and hung up

[Anonymous No.54043424]

>>54043395
It's over

[Anonymous No.54043432]

>>54043296
It's not his money. He took a risk by giving unsecured loans to a bank.

[Anonymous No.54043450]

>>54043432
Hes a russian jew and ive never seen him so angry and shook

[Anonymous No.54043454]

1. Sell only shitter positions I have now and wait for the bottom, or just like a month and then start DCA?
2. Just don't buy anything till it tumbles down then start picking up quality stocks and SP500 index?

I think it just started for real and in about 20 days or more another bank will fall down and then the panic will ensue

If there is any bear rally I'm selling on a small loss. Like 5% loss per postion, not more

[Anonymous No.54043477]

>>54043373
>>54043159
>>54035322
So actually, can you show your calculus for the deposits dropping 7% outside of CD's for HIFS?

Looking through their annual reports / quarterlys rn

[Anonymous No.54043488]

>>54043396
Some anon's just want to see the world burn..

[Anonymous No.54043502]

i hope the crash mentality lasts to mid next week so i can load up more cheap divvy stuff

[Anonymous No.54043523]

>>54043488
checked. rolling for a return to 75 bps rate hike for this next FOMC.

[Anonymous No.54043530]

Is anyone not shorting the market next week?

[Anonymous No.54043540]

>>54043530
BUDDY

YOU COULD HAVE DONE IT A LONG TIME AGO

[Anonymous No.54043541]

Cunny is the ultimate hedge. Long cunny futures and keep some physical cunny on hand in case of shtf scenario.

[Anonymous No.54043543]

If you're JPM or some huge bank, wouldn't you want to see a bunch of regional banks to fail so you can scoop them up for pennies on the dollar?

[Anonymous No.54043566]

>>54043530
I've been shorting since the last CPI report came in hot. That should've been your signal shit is totally fucked and nowhere near over.

[Anonymous No.54043577]

>>54043566
Dumb pussy the line only goes up

[Anonymous No.54043589]

>>54043530
lol I took profit Friday so it'll be a slaughter

[Anonymous No.54043597]

NO
ONE
CARES
ABOUT
STOCKS

FUCK
OFF
TO
PLEBBIT

[Anonymous No.54043601]

>>54043530
Been shorting, but I dont hold over the weekend for short term puts on spy. It might pump a little before failing is my guesstimate.

[Anonymous No.54043612]

>>54043543
This time around Jamie & co isn't get shafted, but getting a front seat at the auction to buy treasuries for pennies on the dollar. Some might say that he is finally getting reimbursed for the GFC.

[Anonymous No.54043613]

>>54043396
You are seeing in real time the culling of the boomers. The boomer who owns the company I work for is quickly losing his mind realizing that the bottom is falling out. He's still in denial though. He doesn't have the money to retire because he spent all his money on boomer toys thinking the good times will never end and now he's paying for it. Things are about to get real spicy next week.

[Anonymous No.54043618]

>>54042973
no one on SMG has more than 250k in a savings account

[Anonymous No.54043619]

Still a bear market, but the tech tranny bank is such a nothingburger that a weak CPI read will pump SPY back to 400.

[Anonymous No.54043629]

>>54043577
lol mad.

[Anonymous No.54043631]

I was invited to a party this week. I went there to see how normie life looks like. And well, my conclusion is that normies' brains never developed past horny teenager stage. All music they listen to, everything they watch, all party games they play, all jokes they know revolve around sex. And I'm talking about people in their 30s.
Definitely changes my perspective as an investor. The more something is degenerate or obnoxious the higher chance to succeed it has it seems.

[Anonymous No.54043640]

How do I go long on PrEp so we all can pipe black queens?

[Anonymous No.54043642]

>>54043619
This faggot gets it. Besides the nothingburger.

[Anonymous No.54043646]

>>54043530
>he thinks no one slurps

[Anonymous No.54043651]

>>54043477
You can find it in the weeds of the latest 10k.

This headwind applies to the whole banking sector right now though. M2 is shrinking thanks to jpow.
Hingham's rate exposure actually looks pretty good overall.

[Anonymous No.54043656]

>>54043613
Beautiful. Absolutely beautiful. Let it all come tumbling down.

[Anonymous No.54043658]

>>54043530
nope i just sit back with my 130k in cash

[Anonymous No.54043666]

some of you guys are alright. don't go to the stock market on Monday

[Anonymous No.54043675]

>>54043530
BOTTOM SIGNAL

[Anonymous No.54043681]

>>54043666
thanks for the warning satan. i trust you more than the other clowns

[Anonymous No.54043700]

>>54043631
I miss fun people to drink with.

[Anonymous No.54043708]

Credit union chads we just keep winning!

[Anonymous No.54043777]

>>54043666
>666
I kneel Powell-dono

[Anonymous No.54043796]

>>54043777
>777 kneeling to 666

We are FUCKED

[Anonymous No.54043833]

>>54043530
I'm not, just holding 3M treasuries.
If the banks want my money, they should offer higher interest instead of being glorified middlemen for the treasury

[Anonymous No.54043869]

>>54043613

[Anonymous No.54043876]

>>54043530
SVB was a pretty healthy bank, not much of an outlier. Who's got the short list on regional banks with similar underwater long term debt positions?

[Anonymous No.54043883]

>>54043543
Yup. JPM and BAC will have a field day if more banks like SIVB have issues. SIVB ran into issue because it was focused on tech companies though. Unless people panic I think there is little chance we see this spread. And considering that most normies are most likely busy getting drugged and fucking I doubt it will be the case

[Anonymous No.54043886]

>>54043796
Why is 666 afraid of 777?

[Anonymous No.54043887]

>>54043876

[Anonymous No.54043895]

>>54043886
So close.

[Anonymous No.54043900]

>>54043876
>SVB was a pretty healthy bank
lmao, it was bound to happen for years

[Anonymous No.54043918]

>>54043708
Credit union and money market chads ruining the economy by not loaning to the bank for free

[Anonymous No.54043935]

>>54043895
I know... I'm sorry

[Anonymous No.54043951]

>>54043147
>who stands to gain from spreading panic
why would you need to be rewarded for a good deed?

[Anonymous No.54043962]

>>54043900
That seems true generally. All banks are runnable. It's part of how they work.

[Anonymous No.54043974]

>>54043876
SVB ran into issues because of tech sector problems. Tech CEOs needed to tap their cash reserves which forced SVB to sell bonds. Basically tech bubble deflation casualty. I doubt other banks with more diversified clients are at similar risk

[Anonymous No.54043982]

>>54043886
because 7 8 9

[Anonymous No.54043983]

>>54043631
This is why we need a good economic downturn. These people arose as a result of easy times and laxed economic conditions.

[Anonymous No.54044009]

>>54043886
thats not how you roll a 999
now watch THIS

[Anonymous No.54044038]

>>54043883
It's main busy was tech tranny loan originating. That money dried up and the rest of the business did not have revenue depth to shore up its defenses

[Anonymous No.54044049]

>Due to the appearance of inverted yield curves, which have not been seen since the 1980's, people will be reminded of the Savings and Loan (S&L) crisis of that time.

>To address the S&L crisis, the U.S. federal government enacted the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA).

>FIRREA was created to address the failures of many S&Ls and to stabilize the financial system.

>FIRREA had several key provisions, including:

>1. Establishment of the Resolution Trust Corporation (RTC) to manage the assets of failed S&Ls and facilitate their resolution.

>2. Increase in the regulatory oversight of financial institutions, including the creation of the Office of Thrift Supervision (OTS) to oversee S&Ls and the Federal Deposit Insurance >Corporation (FDIC) to insure bank deposits.

>3. Creation of the Federal Housing Finance Board to oversee the activities of the Federal Home Loan Bank System.

>4. Provisions for enhanced criminal penalties for fraud and other white-collar crimes related to financial institutions.

>Overall, FIRREA aimed to address the weaknesses in the regulatory and supervisory framework that had contributed to the S&L crisis. The law was instrumental in stabilizing the S&L industry and laying the groundwork for the continued development of a more robust financial regulatory system in the United States.

[Anonymous No.54044054]

>>54043962
Not to this extent. It would have been weird if SIVB didn't go bust with MM's soaking.
>>54043887 is a good explanation why
If you're anyone but SIVB you would just pull your hedges, sell your bonds and call it a day.

[Anonymous No.54044069]

The bun. Cun. Is Mine. Always. And. Forever. My. Pretty. Buncun. Marina. Datillo.

[Anonymous No.54044074]

>>54043974
>Tech CEOs needed to tap their cash reserves which forced SVB to sell bonds
Nope, Thiel & co coordinated their pullout. VC's in the know got their money out and moved on to greener pastures, the rest got fucked.

[Anonymous No.54044114]

>Educational sites:
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain

>Financial TV Streams:
https://watchnewslive.tv/watch-cnbc-live-stream-free-24-7/
http://www.livenewson.com/american/bloomberg-television-business.html
https://watchnewslive.tv/watch-fox-business-network-fbn-free-24-7/

>Charts:
https://www.tradingview.com
https://www.finscreener.com
https://www.koyfin.com/
https://www.portfoliovisualizer.com

>Screeners:
https://finviz.com/
https://www.tradingview.com/screener
https://etfdb.com/

>Options
https://www.optionsplaybook.com/options-introduction/
https://www.optionsprofitcalculator.com
https://optionstrat.com/
https://www.optionistics.com/quotes/option-prices

>Pre-Market and Live data:
https://www.investing.com/indices/indices-futures
https://finance.yahoo.com/

>Calendars
https://www.marketwatch.com/economy-politics/calendar
https://www.earningswhispers.com/calendar
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html

>Boomer Investing 101:
https://www.bogleheads.org/wiki/Getting_started

>Misc:
https://tradingeconomics.com/
https://finance.yahoo.com/trending-tickers
https://market24hclock.com/
https://wallmine.com/
https://fintel.io/
https://www.dividendchannel.com/drip-returns-calculator
https://brokerchooser.com/
https://www.chathamfinancial.com/technology/us-market-rates

[Anonymous No.54044117]

Baking.

[Anonymous No.54044123]

>>54044074
Thiel probably heard a whisper of the moody downgrade. With announced evidence the pullout came

[Anonymous No.54044124]

What happens to Wells Fargo on Monday, they barely reacted Friday

[Anonymous No.54044133]

>markets come monday at 9:30 am eastern standard time

https://www.youtube.com/watch?v=3GSbJkU9Lmw

[Harbinger of the Habanero No.54044135]

HAPPENING
WFC GOING TO 0
>>54034897

[Anonymous No.54044138]

>>54044009
You were even further off than me you piece of shit

[Anonymous No.54044150]

>>54044135
oh yea
its all cooming together

>VNR

[Anonymous No.54044159]

>>54044074
Lek didn't know that. I guess it pays being an owner of spying software used by governments around the world

[Anonymous No.54044163]

>>54043018
That's a very large assortment of words to explain that "If you treat your customers like dogshit and gamble their hard earned money all the time, they wont trust you and take their money and put it elsewhere to mitigate risk"
Even funnier when you consider that the average big bank savings rate is like 0.01%, why even have your money in a bank?

[Anonymous No.54044166]

>>54043974
SVB owned what every pension fund and bank ended up owning during quantitive easing -- 20 and 30 year notes paying fuck all. They are not alone. TechnoQueer Peter Theil took a look at the shorts and caused a bank run, simple as

[Anonymous No.54044167]

༼ つ ◕_◕ ༽つ JEROME TAKE MY ENERGY ༼ つ ◕_◕ ༽つ
50

B E P I S
E
P
I
S

[Anonymous No.54044168]

>>54044124
It might depend on how (if at all) Wells Fargo will be involved in the SVB cleanup.

[Anonymous No.54044190]

>>54044138
y-yeah well I got the last digit right t-take that...

[Anonymous No.54044194]

>>54043414
I would should up a hindu temple but they're covered in sexy fuck fresco statues and I'd get distracted and have to jack off then go take a nap in my car.
How is HIFS returning earnings to shareholders? The divvie sucks. Do u really think now is the time to buy any bank?

[Anonymous No.54044197]

>>54044133
Futures markets will open Sunday evening. Until then, the 24/7 crypto markets might give some indications about risk assets generally.

[Anonymous No.54044280]

>>54043350
Lol?
Founders Fund acted in other ways to move its business away from SVB. On Thursday, as the bank was beginning to unravel, the firm started what’s known as a capital call. That’s a run-of-the-mill activity in the venture capital world, in which a VC firm asks its investors, or limited partners, to send it money in order to make investments in startups — the core function of most VC firms. It began by asking those backers to transfer the funds to accounts at SVB, as it has done for years, the person said.

But the firm learned that its limited partners were encountering issues using SVB services as they tried to transfer the funds — they weren’t immediately going through as expected, the person said.

Quickly, Founders Fund asked its investors to transfer the money to other banks instead. The fund acted to ensure that startup funding deals that were slated to close in the coming days were not delayed, the person said.

[Anonymous No.54044338]

>>54044167
They basically have to decide if they want to save the market or fix inflation first
On paper it should be the latter in practice it will probably be the former

[Anonymous No.54044342]

And just like that, I was proven right here >>54043350 after a little digging.
I'm out. See you nerd next week when CPI and a scared Jpow will pump the market with perhaps a 0-rate.

[Harbinger of the Habanero No.54044351]

Well frens, is SPY crashing to 350 on Monday? Or is this just another tall tale?

[Anonymous No.54044357]

>>54044338
inflation has been fixed for months

[Anonymous No.54044388]

>>54044342
Reported for caste discrimination

[Anonymous No.54044404]

>>54043018
They should put Twitter back to 140 characters.

[Anonymous No.54044406]

Let's be clear: I am smarter than everyone here

[Anonymous No.54044425]

>>54044406
HFT?

[Anonymous No.54044436]

>>54044357
Idk what this is but inflation isn't at 2% yet so no

[Anonymous No.54044454]

https://www.youtube.com/watch?v=Bzz8BvaQL9Q

[Anonymous No.54044459]

>>54044342
>pic
Lol, like how can someone complain when they voluntarily sign up for the service? They know dash was trying to skirt the law and make everyone independent contractors so they dont have rights as an employee...and the dumb fucks do it anyways.

[Anonymous No.54044487]

>>54044406
In the land of the retarded the 1 IQ man is king

[Anonymous No.54044489]

>>54044338
He spent the last 2 years saying they will keep rape hiking until the job is done no matter how much pain it causes so if he pivoots now he's showing the whole world that he's a gigantic fucking pussy and his legacy is destroyed.

[Anonymous No.54044498]

>>54044406
>pages of math gobbledygook
name one (1) thing your skills can do in the real world

[Anonymous No.54044509]

>>54044406
>he depends on others' proofs instead of proving everything himself

[Anonymous No.54044522]

>>54044406
see

[Anonymous No.54044533]

>>54042950
What?
...Oh shit. Unfortunately that's a small bank. I hope it spooks the market on Monday but I'm not sure this is enough to get a good right and proper crash going.

[Anonymous No.54044539]

>>54044436
this is month over month inflation
yearly inflation is a lagging indicator and only an autist gives a fuck about it

[Anonymous No.54044556]

>>54044539
>and only an autist gives a fuck about it
Aka Powell

[Anonymous No.54044564]

>>54044406
>smart
>still in school
Do something in life and maybe well talk.

[Anonymous No.54044589]

>>54043018
>>54044404
>It's real.
Lmao.

[Anonymous No.54044591]

>>54044406
maths are made up, like pronouns

[Anonymous No.54044594]

>>54043057
Conservative allocation of 100% sqqq.

[Anonymous No.54044598]

Is NVO shill here? Why can't other pharmaceutical companies sell obesity drugs? Insulin patents don't apply here.

[Anonymous No.54044617]

>>54044509
>instead of hallucinating shit and shorting First Federal... goodbye California

[Anonymous No.54044639]

>>54043651
>Hingham's rate exposure actually looks pretty good overall.
Could you elaborate on that...why is HIFS rate exposure good compare to other banks?

[Anonymous No.54044646]

Let's be clear: I am smarter than everyone here

[Anonymous No.54044652]

>No no, you gotta stop listening to your female broker. All you need to do is sell covered calls on a broad, safe ETF. Guaranteed passive income, at least outside of bear markets.

[Anonymous No.54044673]

give me your strategies for monday

[Anonymous No.54044687]

>>54044652
>stop listening to your female broker.
I refuse.

[Anonymous No.54044712]

>>54044646
Yee

[Anonymous No.54044721]

>>54044406
The Volatility Smile.

[Anonymous No.54044724]

>Something bad happens in the financial world
>AHHHHHHHHH HELP ME FEDERAL RESERVE WHERE ARE YOU POWELL????!!!!!

Congrats on creating this environment Powell

[Anonymous No.54044750]

We're FUCKED

FUCKED

[Anonymous No.54044760]

>>54044724
More like Bernanke

[Anonymous No.54044766]

I have 16k in a deutsche bank account, how likely am I going to lose all of it?

[Anonymous No.54044769]

poor Jay, he'll be the sacrificial lamb
and our next fed chair will be a literal black betty

[Anonymous No.54044776]

>>54042911
what other banks have low tangible net worth when you factor in HTM unrealized losses?

[Anonymous No.54044794]

>>54044444

[Anonymous No.54044799]

>>54043018
tl;dr

[Anonymous No.54044824]

RBLX and ROKU two biggest public companies with exposure to Silicon Valley Bank

buy OTM puts at any strike

profit

[Anonymous No.54044835]

>>54044406
It wasn't brains that got me here, I can assure you of that.

[Anonymous No.54044843]

>>54039751

Thanks

[Anonymous No.54044852]

please let crab continue
(oc, girl i knew in college)

[Anonymous No.54044867]

Hingham Institution For Savings.

[Anonymous No.54044881]

>>54042911

[Anonymous No.54044882]

>>54044673
Sell it all

[Anonymous No.54044889]

>>54043018
bill -ACK

[Anonymous No.54044912]

>>54042911
how likely is a fed pivot this month (or better yet, this year)

[Anonymous No.54044913]

I sort of had it with this Ackman guy

https://www.youtube.com/watch?v=cZGlF2jMNiM

[Anonymous No.54044926]

>>54044912
Not likely, get ready for spy heading to 200

[Anonymous No.54044929]

>>54044750
Not yet but noose is tightening. Reality is starting to set in that firms are not hedged to downside enough.

[Anonymous No.54044934]

>>54044824
RBLX is such an overvalued piece of shit. Watching this one closely for sure.

[Anonymous No.54044949]

>>54044824
Lol the weed dispensary i always go to is across the street from ROKU headquarters, maybe i'll see someone jump out the building

[Anonymous No.54045001]

>>54043296
It's Sunday, LARPass.

[Anonymous No.54045006]

>>54044594
Based.

[Anonymous No.54045028]

>>54043432
>Der Dämonenjude

[Anonymous No.54045029]

BOIL will save me through this bank crisis right guys?!

[Anonymous No.54045031]

>>54044639

[Anonymous No.54045057]

What stocks profit off price gouging farmers again? Cause ADM and DE look like shit.

[Anonymous No.54045074]

Use your pea brains to find me the next stock that will collapse the hardest soonest that hasn't fallen yet

[Anonymous No.54045076]

>>54045057
Packaged food producers?

[Anonymous No.54045085]

>>54045029
No, I heard CEO Brian Oil plans to do a reverse split.

[Anonymous No.54045122]

>>54043887

Do you subtract unrealized losses from CET1?

[Anonymous No.54045127]

>>54045031
Explain to me, like your retarded stepson with a bit of bond knowledge, why this is a good rate exposure for HIFS? Speak to me like i am a simple person.

[Anonymous No.54045137]

Why is there a differently fully clothed homo guy waiting in the gym locker room.

[Anonymous No.54045145]

>>54043018

[Anonymous No.54045153]

Had a friend that made "life changing money" in 2020 from betting on shitcoins. And he has since lost all of that and more. Most recently from getting liquidated with BTC dipping below 20k.
He is fun to be around but an absolute midwit retard.
Now he is hoping to "make it all back" with a 100%. TSLA position.

[Anonymous No.54045156]

>not buying SQQQ

[Anonymous No.54045172]

>>54043018
Herbalife broke ackman's brain

[Anonymous No.54045192]

>>54044913
finally someone else hates canadian oil sands lol

[Anonymous No.54045199]

>>54045153
You should invite him to /smg/ so we can shill him all the shitco's were shorting so he thinks he should go long on all of them

[Anonymous No.54045296]

>>54045074
>Use your pea brains to find me the next stock that will collapse the hardest soonest that hasn't fallen yet
Idk it depends on what you mean by collapse.

CVNA.
COIN.
SAVA.
SI.
TSLA.
CVAC.
BYND.
OTLY.
BBBY.
FUBO.
DKNG.
BZFD.
AFRM.
BTAI.
SHOP.

These are the garden variety of shitcos I like. Shoutout to myself for actually successfully calling the top on BTAI.

[Anonymous No.54045325]

doesnt look so bad actually

[Anonymous No.54045355]

>>54045325
its over

[Anonymous No.54045411]

Unlike the tech tranny bank I will manage to have 10,000 of liquidity throughout the summer even while buying a house. (Under market value).

[Anonymous No.54045468]

okay i'll tell my neet story that i welshed on last week
i once saw two dutch backpackers get into a fist fight over duel masters cards at a hostel in chiyoda

[Anonymous No.54045493]

>>54045468
Did the dutch guys have a gay manpurse for all their drug equipment?

[Anonymous No.54045523]

Bobos are the biggest pussies I swear. Imagine capitulating just because some regional bank has liquidity issues. You are basically ready to give up your country to chinks because of that.
Me on the other I see this as a good thing. We found a cancer, now lets cut it out and make our country healthier.
I'm sorry for the low-test bros shorting the bottom.

[Anonymous No.54045524]

How much is my 90/10 portfolio going to drop next week?

[Anonymous No.54045540]

>anyone seen bobo?
>I'm looking fors a bobo
>bobo done in mumu lupo

[Anonymous No.54045547]

>>54045127
A major risk when dealing with fixed rates is duration risk.
When some bank like SVB goes balls deep into 10y treasuries at 1.2% rates, the duration is pretty high because most of the money is locked up in the return at par upon maturity. They're only collecting the 1.2% per year in the years before that.
Then treasuries spike to 4% and they get fucked in the ass. Those old 10y bonds trade down because no one is going to pay the full face value for 1.2% yield when they can now get 4% yield.
Even if the assets are underwater, banks can operate perfectly fine as long as the income exceeds the cost of deposits. It's only once the costs exceed the interest income, or they run into liquidity issues that problems start.

The same sort of pricing risks apply to mortgages, although there are also some differences.
Typical fixed mortgages have a lower effective duration than you might intuitively think. Closer to 10 years than 30 years. It's because they're paid down to zero over the 30 year period.
With Hingham though, they were smart enough to see through the bullshit of ZIRP it seems, so they've been heavily focused on growing their commercial lending where the standard is shorter duration adjustable rate mortgages. ~70% of their assets either mature or reprice within 5 years. The repricing event resets the rate, so you can think of the loan as having a shorter risked duration.

See the image for some more details on specific intervals.

They've also run their own models, although you shouldn't necessarily fully trust these things. It's just an estimate:
>The most recent model estimates that, over a twenty-four month period, net interest income would decrease 25% if rates rise 100 basis points and would decrease 51% if rates rise 200 basis points

[Anonymous No.54045582]

Is playing with options just generally a bad idea in the long term? Doesn't everyone eventually get burned?

[Anonymous No.54045605]

>>54045582
It works perfectly if you simply never manage to be exposed during periods of market behavior that are alternative to your bet

Haha

[Anonymous No.54045604]

>>54045582
Consistent gains with options requires a comprehensive strategy that includes methods to mitigate your risk. Without that it's just high stakes gambling and yes you will eat some nasty losses.

[Anonymous No.54045656]

>>54045605
ha. Now let me share a story. I have a coworker who is semi-retired. He was a clever lad and managed to retire 100% at age 48. He did this gambling on options. But then he didn't stop. He kept chasing the dragon. He, in his words, "lost his shirt". His wife left him because of it. Now he works a wagie gig with me to make ends meet.
So be careful.

[Anonymous No.54045688]

I have an ant farm. Any time I lose 1% porfolio value, I add a spider to my ant farm. If I lose too much in a day, the spiders will be able to overtake the ants. So far the spiders fall every time, but the ants are suffering casualties.

Soon.

[Anonymous No.54045781]

I buy a put and pay the $72 premium. If stonk never goes to the strike price before it expires, i only lose the $72?

[Anonymous No.54045813]

What will the Fed do Monday?

[Anonymous No.54045834]

>>54045781
yes, but let's be honest with ourselves. You aren't only going to make a $72 bet.

You can also lose that $72 even if the stock hits the strike price because that premium is you paying for time.

[Anonymous No.54045891]

Hey /smg/ stop being so dead

[Anonymous No.54045907]

>>54045891
>smg
>weekend
it's a miracle that threads are even baked

[Anonymous No.54045921]

>>54045891
We're discussing HIFS you tard

[Anonymous No.54045941]

Fed will pivot on Monday morning biggest up day of all time incoming fuck your puts chud

[Anonymous No.54045945]

$500 to invest on Monday boys.

-Meme stock shares/options?
-Puts on small banks? (looks like USDC is leveling out)
-Puts on SPY?

What should I do, frens?

[Anonymous No.54045958]

>>54044934
in 2021 it was 10x higher

[Anonymous No.54045959]

>>54045945
USDC returning to parity should show you how much of a nothingburger this is. open at +1% SPY end at 2%

[Anonymous No.54045962]

why do people in the us stock market believe in sort of divine justice / punishment narratives and make the Fed sound ? Bank of canada hikes, then pauses, no parade. Bank of australia hikes, and then hikes, no one jumps out of the window. Bank of England hikes, buys bonds, hurray. The Fed hikes.... and people think god has come down to punish us for our sins (high returns)

[Anonymous No.54045974]

I will now attempt to describe options.

Options are valued upon a set of different variables(the greeks) that are dynamic and to a large degree relative to each other. This means that it is indeed a zero sum game, in fact it is less than this, the house always wins. In order to profit with options, your bets must be correct to the degree that they are more accurate than the forecasted valuations of the greeks, in addition to the bearish or bullish behavior of the market.

[Anonymous No.54046003]

>Gentile

[Anonymous No.54046028]

>>54045688
When I had insectivore geckos (leopard and pictus) I had mealworm colony. Occasionally I found carpet beetles in my house and added them to the colony to see if they would breed. They did. Carpet beetle larva are really weird looking. They have hair. The geckos refused to eat them so I put an end to that experiment.

[Anonymous No.54046035]

>>54044824
Haha can you imagine buying this shit in 2021 hahahaha

[Anonymous No.54046041]

>>54045962
US interest rates are the only one that affects stonks value. relatively

[Anonymous No.54046069]

>>54045523
Enjoy bag holding for 7 years before seeing another .02 of green.

[Anonymous No.54046071]

>>54045891
We are safe in the eye of tornado.
https://www.youtube.com/watch?v=L8HhOMNrulE

[Anonymous No.54046109]

test

[Anonymous No.54046112]

>>54045959
Roger.

[Anonymous No.54046135]

>>54045891
>>54046071
This. Maybe we're resting to prepare for an extremely active Monday.

[Anonymous No.54046146]

>>54046035
i want cathy to blow bubbles on my wood

[Anonymous No.54046149]

>>54045547
I see, thank you for explaining this rate sensitivity banking jargon. This is why bank investing is a black box for a lot of investors, but it looks like you've been able to look under the hood and see that their assets mature favorably (5 years) as opposed to SVIB who had their money locked up in long-term treasuries like the 10y


Am i getting that right?

HIFS have their money in short term treasury bills as opposed to long term bonds like SVIB did?

[Anonymous No.54046175]

>>54044425
Neet
>>54044487
True
>>54044498
Fuck your mom
>>54044509
Prove it
>>54044522
Rekt
>>54044564
I stopped going to school at age 14
>>54044591
Yes
>>54044646
You are a bad person
>>54044721
Indeed

[Anonymous No.54046189]

RIP my fungible growth
trich took over my farm, seen the burst of it. Going to go dump it tomorrow away from my apartment and pop some of the bros who made it through the first flush.

[Anonymous No.54046199]

>>54046003
>Joe Gentile
I'm becoming increasingly convinced i was in a car wreck and am in a coma in the hospital. this entire reality is a fabrication of my imagination, none of this is real life.

[Buy SKYT Sell High No.54046211]

>>54045945
>>54045945
Buy puts on Wells Fargo.

[Anonymous No.54046212]

>>54045547
Discord?

[Anonymous No.54046241]

>>54045547
But why is it a problem? Did people really withdraw so much money in a short time that they had to sell bonds?

[Anonymous No.54046242]

>>54046199
You are. You don't want to wake up. Trust me.

[Anonymous No.54046258]

>>54043541
Megumin pantsu is black not white

[Anonymous No.54046276]

>>54046199
Gentile is an italian name

[Anonymous No.54046286]

>>54046241
It's because Fed raised rates so SVB's treasury bets got torched

[Anonymous No.54046291]

>>54045813
Stay silent until the 22nd.

[Anonymous No.54046390]

>>54045962
US is the only country that matters

[Anonymous No.54046438]

>>54045057
ADM is going to pull a BA due to outsourcing all their shit to India. I've seen their tech internals and it's straight up fraudulent.

[Anonymous No.54046439]

>>54045468
I fucking miss Duel Masters, it was my favorite of all the card games

[Anonymous No.54046470]

>>54046241
Because they had no liquidity and when word got around about moody ranking them down people pulled funds. Causing the bank to get immediate liquidity when meant booking massive losses and the need to dilute. Before they could dilute the artery opened up and it was ogre

[Anonymous No.54046483]

>>54046211
I think so. A lot of FUD around that company. I wonder if puts on Signature are too little, too late?

[Anonymous No.54046496]

>>54045813
Brandon will force one of his banker buddies to buy up SVB

[Anonymous No.54046501]

I SHOOT MY INTESTINES OUT OF MY ASSHOOOOOLE

ITS THE ONLY WAY THAT I CAN FEEL THE GAAAAAPE

[Anonymous No.54046503]

>>54045962
americans all hate each other and want to see everyone else suffer

[Anonymous No.54046523]

thoughts on akamai? looks good desu and CDNs are not going anywhere anytime soon

[Buy SKYT Sell High No.54046530]

>>54046483
Not sure but WF appears to be bailing people's money already so it should tank and may face a bank run on Monday.

[Anonymous No.54046537]

>>54045468
I told my 30k celeb story for that?

[Anonymous No.54046575]

>>54046537
lol no i have a better one but i'm not sharing

[Anonymous No.54046584]

>>54046003
>9/11
>Ahmaud Arbery
>Derek Chauvin
>Jayland Walker
>The Goy Family
>The Butcher of Bucha
>Brianna Ghey
>East Palestine
This is the fakest and gayest shit I have ever seen

[Anonymous No.54046588]

>>54044436
>>54044539
Oil and energy prices plunging, alongside goods deflation, were the only reason we managed to tamp down those 0.5% MoM prints. Those headwinds are donezo.

[Anonymous No.54046595]

>>54046149
Can someone please answer this question regarding HIFS rate sensitivities as opposed to SVIB's please thank you guys i love you

[Anonymous No.54046622]

>>54046575
Heh then no updates for you or /smg/

[Anonymous No.54046648]

nothing burger (except for tech trannies)

[Anonymous No.54046669]

>>54046470
I doubt any bank survives a bank run today
all it took is some really bad news to trigger this panic

[Anonymous No.54046685]

>>54046669
less than 48 hours. shows you how digitised and quickly rumours can spread

[Anonymous No.54046689]

>>54046648
>except for tech trannies
So most of the stock market

[Anonymous No.54046692]

banks most underwater on their bond portfolio

[Anonymous No.54046699]

Theory: /smg/ posts increase in quality relative to decrease in economic prosperity

Action taken: NLP processor weight increased by X degree every day that recession continues

Note: NLP processor is auxillary processor for conglomerate AI interpreter

[Anonymous No.54046703]

>>54046622
give us *one* and i'll consider
not lying this time

[Anonymous No.54046712]

[Anonymous No.54046731]

If i expect Roku to tank this week, would it be better to buy puts at a lower strike price or closer to the strike price the stock is at now?

[Anonymous No.54046734]

>>54046712
WOAH BLACK BETTY

[Anonymous No.54046755]

>>54046712
yes and even more interesting

[Anonymous No.54046765]

>>54046712
In 2023, the majority of black women on planet earth are illiterate.

[Anonymous No.54046769]

Here's the exit for bulls on Monday

[Anonymous No.54046794]

>>54046755
lol

[Anonymous No.54046805]

Fintwit in all-out panic mode, haven't seen this for a while
Bobros I think we're gmi

[Anonymous No.54046813]

>>54046692
>only american bank that doesn’t have losses is called zions

[Anonymous No.54046814]

>>54046595
Yeah that's pretty accurate, except HIFS holds commercial mortgage loans not treasuries.

[Anonymous No.54046825]

>>54046731
You're gonna get heemed anyway because the premium on Roku puts will be gigantic

[Anonymous No.54046829]

>>54043796
This, holy fuckin shit. Gematria mocking the LORD GOD Almighty is to be expected here in Babylon, however.

[Anonymous No.54046833]

>>54044598
>Why can't other pharmaceutical companies sell obesity drugs? Insulin patents don't apply here.

See https://www.novonordisk-us.com/products/product-patents.html

One such example: https://image-ppubs.uspto.gov/dirsearch-public/print/downloadPdf/10888605 where Section 4, line 27 covers semaglutide's use for obesity. Note that this list of patents is explicitly for Wegovy (obesity), separate from Ozempic (diabeetus).

Which isn't to say there isn't competition in the space (from, say, LLY's Mounjaro) but it's not like they're trying to profit off bog standard insulin or something.

[Anonymous No.54046854]

>>54046805
link?

[Anonymous No.54046869]

>>54046769
Time in the market beats timing the market.

[Anonymous No.54046879]

>>54044882
Is that even possible, Sam?

[Anonymous No.54046897]

What are we going call this crisis?

Panic of 2023
Financially crisis 2
The Bond blow up of 23

[Anonymous No.54046898]

>>54046879
Yes but at what cost?

[Anonymous No.54046903]

>>54046854

[Anonymous No.54046909]

>>54046692
Bank of america was charging a 1.3% loan origin fee. Its now .43.

[Anonymous No.54046927]

>>54046897
twentytwentythranny

[Anonymous No.54046931]

>>54046898
4Gixqz3y will have to pay.

[Anonymous No.54046946]

>>54046897
Second Medieval Era

[Anonymous No.54046971]

>>54046946
will prima noctae return?

[Anonymous No.54046982]

>>54044766
0% unless the EU itself completely collapses. They insure up to 100k Euros: https://www.quora.com/Does-Germany-have-an-FDIC

[Anonymous No.54047007]

>>54044776
ZH threw together this chart on Friday.

[Anonymous No.54047018]

>>54046897
The Putin Panic

[Anonymous No.54047035]

>>54046755
oof

[Anonymous No.54047052]

>>54045540
Fuck off...

[Anonymous No.54047074]

Gimme the QRD on SVB. Is society collapsing yet? Anarchy in the streets? Or another "you know nothing ever happens"?

[Anonymous No.54047086]

>>54047074
we will know Monday

[Anonymous No.54047090]

>>54046692
Do you have source or better image quality?
Thanks fren

[Anonymous No.54047104]

>>54045547
>Then treasuries spike to 4%
This is because of JPow then, it was Jpow that fucked SVB

[Anonymous No.54047127]

>>54047104
Nah svb fucked svb by not shoring up their yield generation to prevent capital outflows.

[Anonymous No.54047140]

>>54047007

[Anonymous No.54047151]

new

>>54047135
>>54047135
>>54047135

[Anonymous No.54047159]

>>54047086
that doesn't answer my question. im sure you chucklefucks know SOMETHING about what's going on. i want to know.

[Anonymous No.54047177]

>>54047159
Even if we were in discussions with the FDIC, there's no reason for us to disclose that to random anons ITT.

[Anonymous No.54047183]

>>54047104
Do you want bank failures or high inflation?

[Anonymous No.54047222]

>>54047177
don't you want to help your fellow anons "make it", you piece of shit?

[Anonymous No.54047262]

>>54047222
I bet you can't even trade that information, you dip. You're probably not even approved for options.

[Anonymous No.54047266]

>>54047074
so far it's a nothing burger. bank is done but depositors will be fine. only risk is people at other banks get spooked and a bank run happens monday

[Anonymous No.54047385]

>>54047074
Actual impact is low but even small bank running in to this kind of problem could be interpreted as canary in coal mine. We'll find out next week.

[Anonymous No.54047403]

[Anonymous No.54047441]

>>54047385
>>54047266
>>54047262
what's the play, then? serious question, hoping for a serious answer.

[Anonymous No.54047460]

>>54047403
kek

[Batowl No.54047470]

KWAB

[Anonymous No.54047500]

>>54047441
I'm all in short as of last week but you shouldn't take advice from me. I'm a gambling man. I fly close to the sun.

[Anonymous No.54047520]

>>54046503
Unironically this. When I talk to any foreigners from my work they are always baffled at how awful Americans are to each other. I have to explain to them that there is no going back and we've been groomed to basically screw each other over to get ahead in life.

[Anonymous No.54047559]

>>54047441
just buy the dip

[Anonymous No.54047567]

>>54047520
im not an american either, so its indeed very obvious, yes

[Anonymous No.54047603]

So WFC?

[Anonymous No.54047745]

>>54046854
https://twitter.com

[Anonymous No.54048015]

>>54047520
>I have to explain to them that there is no going back and we've been groomed to basically screw each other over to get ahead in life.
This is Chinese propaganda to make other races more like them.

[Anonymous No.54048404]

>>54046897
The 2023 Depression

[Anonymous No.54048491]

>>54046897
Global Stagflation