Birdwatch Note Rating
2023-03-21 14:44:49 UTC - HELPFUL
Rated by Participant: D1A2B71AF0AB356DC5CBAF18CB715187880F6C6A337F07D77E56208CBF92A9D4
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