KRE Diving Lower, Bearish pennant - Be Your Own Bank..
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.
