So Many Bear Stories To Revisit
Shall we revisit some old bear stories?
Sometimes they come back. And many of them actually fundamentally never really went away - it was just that Miss Market decided to ignore them. Let's have a look at some of the "old" bear stories that could resurface again. First, those unrealized losses. In Q4 2023, unrealized losses on investment securities for banks hit $478 billion. Meanwhile, the Bank Term Funding Program has officially expired.
