Report: Two Kansas City Banks Confront Losses Similar To SVB

We don't want to bore readers with finance news . . . Some of this stuff absolutely needs to be taken with a grain of salt for folks like TKC who don't completely understand the math.

Example . . . 

‘Inverse’ Jim Cramer ETF lets investors bet against CNBC anchor’s stock picks

Again, for anybody who watches financial news. That headline is a hoot because it reminds us that so much of "investing" is really just gambling and that talking heads serves as great contrary indicators. 

However . . . .

TKC isn't about contributing to panic or anxiety about money . . . Which, again, as we noted is nothing more than a promise. 

We're simply looking to make Kansas City connections. 

To wit . . .

For those who THINK they REALLY understand the banking industry. We'll direct you a resource that mentions POTENTIAL losses confronting two local institutions that might OR MIGHT NOT be realized over time . . . Depending on the skillz of management. 

Read more via www.TonysKansasCity.com link . . . 

20 banks that are sitting on huge potential securities losses-as was SVB

Silicon Valley Bank has failed following a run on deposits, after its parent company's share price crashed a record 60% on Thursday. Trading of SVB Financial Group's stock was halted early Friday, after the shares plunged again in premarket trading. Treasury Secretary Janet Yellen said SVB was one of a few banks she was " monitoring very carefully."

Related reading . . .

US banks sitting on unrealized losses of $620 billion | CNN Business

Silicon Valley Bank's collapse last week sent tingles of panic down investors' spines as it highlighted a larger problem across the banking sector: The widening gap between the value large lenders place on the bonds they hold and what they're actually worth on the market.

Developing . . .