Birdwatch Note Rating
2023-03-20 16:58:10 UTC - HELPFUL
Rated by Participant: 481F1D7E7ED5F991CAB9EAACC9830399D230CB23F0E6D6DFAFCBF6FFED5535E0
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