ProfitProphet911

KRE Diving Lower, Bearish pennant - Be Your Own Bank..

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AMEX:KRE   SPDR S&P Regional Banking ETF
Treasury and FDIC demonstrated zero interest saving shareholders of SIVB (wiped out, the buyer of assets got $16B+guarantees for loans).
Same will go for the rest of $KRE = any assets are at deep dis count.
Can't save them all (nor they would want to).
Industry consolidation.
The End.
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