AMC Entertainment Holdings Inc (AMC)

[Jimmy Joe]

Credit Suisse on the verge of a meltdown as well. Could you imagine what would have happened if Credit Suisse melted at the same time as SVB~?

So, with SVB meltdown half of US venture capital startups may never recover. This is some real serious stuff.

From what I gather reading a Peter Hann tweet, SVB's "meltdown caused by tight liquidity and large losses on bond holdings by banks. Why didn't banks sell bonds before~? Because they thought the Fed would pivot because curve inverted. SVB ran out of time and had to sell bonds at a loss."

Many banks like J P Morgan trying to sell low yield bonds are stuck with them as unrealized losses. Nobody is dumb enough to buy them. When 4 of the largest US banks lose $47 billion in market value things are happening. Citibank, J P Morgan, Wells Fargo, and Bank of America too big to fail~? Think again. J P Morgan wealth management~? No thanks. I'll take a pass on anything they offer.

Small banks get in trouble and may have loans with larger banks like the above. What do you think will happen~? Large banks will want their money back. The rich eating the rich.

It's starting. SVB is a pretty big deal when considering all those startups impacted. The market, it's about to get crazier.

Meanwhile all of this bodes well for APES. Just my opinion. Not financial advice. Popcorn has started today in many Walmart locations. Check them out.

$AMC/$APE arbitrage baby~!