Mar 16, 2023·edited Mar 16, 2023Liked by Edelweiss Capital
Great take, thank you, quite a difference between Schwab & IBKR ... ref potential further downside for Schwab, trust is a fragile thing ... though the FED's new BTFP program on top of the FHLB should help to mitigate liquidity/funding issues for now, hence lessen the need to sell their securities at a loss, at least for now ... will be nice to follow this case in any case :). Have a great day !
Great take, thank you, quite a difference between Schwab & IBKR ... ref potential further downside for Schwab, trust is a fragile thing ... though the FED's new BTFP program on top of the FHLB should help to mitigate liquidity/funding issues for now, hence lessen the need to sell their securities at a loss, at least for now ... will be nice to follow this case in any case :). Have a great day !
Very interesting to read, especially after I saw Schwab taunted as a fat-pitch Buffett-like generational buying opportunity at current prices...