Birdwatch Note Rating
2023-03-21 14:16:02 UTC - NOT_HELPFUL
Rated by Participant: 309FAF1FD638C5BC14254A93F62A03FC374D606D077ED5F844C7EEF3A5998AB3
Participant Details
Original Note:
Tweet is factual US banks were sitting on $620 billion in unrealized losses (assets that have decreased in price but haven't been sold yet) at the end of 2022, according to the FDIC. Unrealized losses weaken a bank's future ability to meet unexpected liquidity needs. https://www.cnn.com/2023/03/12/investing/stocks-week-ahead/index.html
All Note Details