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Podcast: The Dividend Cafe
Episode: The DC Today - Tuesday, May 2, 2023
Description: Today's Post - https://bahnsen.co/3LLhr5A
Regional banks were hammered today as clearly, the fear is contagious at this time, with some major regionals down -15%, -28%, and even others still down -9% to -12%. Short selling has picked up substantially in this space, so there is a need to watch it rationally and not technically. The basic criteria for them to look for are easy – high amounts of low-rate mortgages on the books, a big gap between mark-to-market values and posted values of the bank’s assets, and the existence of commercial real estate.
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