JUST FOR FUN...looked back at all the times I urged big banks to raise equity capital bc they were too leveraged, in spite of mainstream view that they were fine. I'll retweet a few here. First one dates from 2016. HEY BIG BANKS, YOU'D BETTER RAISE EQUITY CAPITAL NOW...FAST!!!!
Here's one from 2016:
Here's another:
And another:
Another:
Another:
Another:
Another, & I'll stop here--you can see all of 'em by searching @CaitlinLong_ + "equity." Pls note I'm far from alone in reading bond market signals (flashing sirens!) over years & concluding big banks are undercapitalized w/o a cushion to deal w/ a shock.
