Birdwatch Note Rating
2023-03-20 18:24:35 UTC - NOT_HELPFUL
Rated by Participant: C05303B8FBB4724D952042DE1EA1C8A89E2B0F227841F7DE71CE86F7D2C8F622
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