American Banks are taking BIG HITS – Are times too hard to be WOKE?

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[This is an analysis from one of my American supporters who monitors markets. Jan]

I noticed:
"At Wells Fargo, unrealized losses on held-to-maturity securities were $41.5 billion, equivalent to 23% of total equity.

"At U.S. Bancorp, they were $10.9 billion, or 21% of total equity.

"At Truist, they were $9.9 billion, or 16% of total equity.

"The percentages at JPMorgan and PNC were 13% and 11%, respectively.

They are in serious financial difficulty, so they probably slowed down shutting down customer accounts for SJW and other reasons.



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