Birdwatch Note Rating
2023-03-20 17:59:06 UTC - NOT_HELPFUL
Rated by Participant: ADF97A91912CF8DAB7A318D4F42C6851D2BCD5D2C73A54B8C030C286F4E2DD23
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