Hidden to Market

[budivoogt]

Great recap. I like that you're contextualizing your articles with videos. Excited to see your profile grow as you keep churning out content!

[meflower]

Great explanation w/ authority to back it! Will be sending this video to friends that want to understand whats going on.

[GenXstacker]

Great stuff, Joseph. Please keep making these videos so we can cut through the noise and understand what's really going on.

[leonardoprati]

Joseph your content and way of explaining things is awesome! 👏🏻

[johnadriantrezise]

😀 Thanks Joseph! I greatly appreciate your calm clear explanation of the situation regarding SVB and other banks.😀

[XuEverything]

Always some bad acting rats that ruins everything for everyone.

[goernerga]

Hey Joseph. Is JPM the only reliable bank? Are there any others over 250? That's the requirement I hear.

[maciekwais]

Is this BTFP a kind of QE at face value? Isn't this a liquidity injection? Is it limited to $25b and is it worth it for other banks to use BTFP (any risk?)?

[mickeykoutsoukos]

if banks classify their qualified liquid assets as HTM can they be hedged with IR swaps? Heard there is rules preventing hedging when HTM classification is used…anyone know?

[YiiSama]

Thank you for your great video. I appreciate it!!!

[xiuxiuish]

Thanks for the explanation, clear and easy to digest. But what’s your take on the new program? You just explained what it does, but good or bad?

[michaelcoggan]

Many thanks and the last part regarding the bail out facility is absurd. The narrative now is you can fail in money management as a banker and it will be bailed out by the tax payer through increased bank fees - madness.

[Jlscards]

Thank you Mr. Wang for taking the time to go through this. I do own your book as well.

[michaelgoodrich]

Thank you for the detailed explanation!

[SavanaT]

Joseph had stated on Twitter that Banks don't really want customer deposits or even CD's. The story has changed since this "bank run" as far as how the "plumbing" works...

[chenyangchuang]

Hi Joseph, in your opinion, do larger banks or regional banks end up benefiting more from the BTFP? Also with BTFP in place, would regional banks have enough HQLA (that they could get loans on) that would allow them to stave off a run on the banks?