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Divine Intelligence, etc

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Credit Suisse Is a Small Bank, Right?

KRE is the regional bank ETF down 22% for the year more than credit Swiss, which is in serious trouble. So I told you they are trying to cannibalize the small banks. And of course, JP Morgan chase, no problem. Who do we think is benefiting from picking up bank deposits from SVB in the small bank? who could have possibly been? Yeah. The market stiffened this one out.

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