Birdwatch Note Rating
2023-03-20 19:21:41 UTC - HELPFUL
Rated by Participant: EB8746AA1EF46933D561E186D851235665E3DEBC5198370BAF13959BAFE66592
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
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