Birdwatch Note Rating
2023-03-21 11:48:59 UTC - HELPFUL
Rated by Participant: A46094AFEDE5211D3A2F25FE01F05D7D4A5252184FBA0E851A040AF7D3C3FA2E
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