Submitted by [deleted] t3_126w9px in wallstreetbets
robbinhood69 t1_jecj7sd wrote
Reply to comment by AvalieV in First Republic Bank won’t fail, great value. by [deleted]
this stock is cursed, every normie thinks they are Warrant Buffet and "buying fear" even though none of them have any idea how impaired these books are going to be, ffs most of these banks are paying 5% to the FED on a bond they are getting 3% off of
they are so fucked unless inflation goes to 2% tomorrow (it wont')
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