Justin Brodeur (jmb)

Caught Seinfeld’s Saturday late set at the Beacon. ChatGPT was referenced. I think he called it Garbage Producing Trash or something. I wonder how much of the crowd knew what he was even talking about.

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Hilarious. Great venue. He seemed to be digging the hometown crowd.

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If equity holders are getting wiped out and there are still potential balance sheet issues at other banks wouldn’t equity holders in those firms sell to limit their downside risk? Ergo, down 🥩 tomorrow? The treasury basically said depositors are cool but investors are not and should know what they invested in.

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The new capital facility is great and needed but my gut says there will be more banking fail whales. And the fed is fucked because they need to keep raising rates but as they do more shit is going to break. But don’t listen to me I’m just casting ramblings no into the wind.

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