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Friday, 03/08/2024 10:57:55 AM

Friday, March 08, 2024 10:57:55 AM

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🔥🩳🔥 #AMC Ortex shares on loan and the pain the shorts are seeing

The banking industry reported unrealized losses on securities of $477.6 billion in the fourth quarter.
This was a decline of $206.3 billion (30.2 percent) from the third quarter of 2023. Lower unrealized losses on residential mortgage-backed securities accounted for about two-thirds of the total decrease.

Unrealized losses on securities are losses that have occurred on paper, but the relevant securities have not been sold to realize the loss. The banking industry’s unrealized losses can fluctuate based on a variety of factors, including changes in interest rates, credit risk, and market volatility.

Despite these unrealized losses, it’s important to note that the banking industry has shown resilience. For example, in the fourth quarter of 2023, full-year net income remained high, overall asset quality metrics were favorable, and the industry’s liquidity was stable.

Please note that these are general trends and the specifics can vary between different banks and regions. It’s always a good idea to look at the detailed financial reports of specific banks for a more accurate picture. If you have any other questions or need further clarification, feel free to ask! 😊


https://twitter.com/Franks_Place_/status/1766068635624169697
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https://twitter.com/Franks_Place_/status/1766076772347437212
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