Lyn Alden – Twitter, Released on 3/10/23
At the heart, it's a duration problem rather than a solvency problem.
The banks' deposit base *as a whole* can't really go anywhere, so the widespread unrealized losses won't be marked to market. But deposits can move around, so for weak areas that's exactly what's happening.
— Lyn Alden (@LynAldenContact) March 10, 2023
Lyn Alden is the founder of Lyn Alden Investment Strategy. Lyn has a bachelor’s degree in electrical engineering and a master’s degree in engineering management, with a focus on engineering economics and financial modeling. She worked as an electrical engineer at an aviation facility, and over the course of a decade worked her way up from being an intern to being the lead engineer and running the day-to-day operations and finances of the facility, before retiring early at age 33 with financial independence. Since then, Lyn has been a full-time investor and independent analyst.