Various U.S. banks (Wells Fargo, BoA, Citibank, etc...the big boys)....are now sitting on $395,000,000,000 in unrealized losses as of Q2 2025.
At some point between now and end of 2025....I'll predict the 'boys' all declare losses, and a collapse of stock will occur.
Blame? Lot of commercial property sitting there....lot of repossessions of cars....lot of new cars sitting on lots....lot of people NOT traveling on vacations. Way beyond the mess of 2008.
If you had money in your IRA....might be time to move toward bonds or CDs.
2 comments:
Seems to be a lessened risk since when you thought it would blow up this past spring...
Total Industry Losses: The aggregate losses were $337.1 billion in Q3 2025, down from $395.3 billion in Q2 2025 and $414 billion in Q1 2025.
Lot of this....commercial property that was repossessed...lingering on bank books...being sold for a loss later. Some folks also pointing at the increase in bank fees (creativity), and the crazy cost of financing new trucks/cars. One thing I've noticed....while I had great returns for 2025 stocks....about 60-percent of the gains have evaporated in the past couple of weeks. Grok says it's NOT a recession, and that it's 3-percent inflation. Worldwide....employees being laid-off....everyone is in a downward slope.
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