Birdwatch Note Rating
2023-03-23 16:30:10 UTC - HELPFUL
Rated by Participant: 6052260B12841267524D31EBA71F31CBA389463CF9643236B1C8268979E4792D
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