BREAKING: Delinquency rates at small banks rise to 7.5%, the highest on record.
— The Kobeissi Letter (@KobeissiLetter) September 6, 2023
Meanwhile, delinquency rates at large banks are at 2.9%, well below levels seen at small banks, but up from a low of ~1.5%.
The same banks that almost collapsed in the regional bank crisis have… pic.twitter.com/h4XJgMZMyj
May Day news
https://view.newsletters.cnn.com/messages/177764208797889b36155d6e6/raw?utm_medium=email&utm_source=cnn_Reliable+Sou...