Why do a merger the free market way when the FED will take all the bad assets off the books first?
Just two days ago, the “economic experts” all assured us that the banking sector crisis was over. I’m beginning to think the “experts” aren’t really experts at anything at all.
When those you rely on for economic advice, or any advice at all, are consistently wrong in that predictions, it is time to find new advisors.
Is TD Bank in trouble? (Apr 10, 2023)
Toronto Dominion (TD) Bank has recently become the world’s most shorted bank, sparking concerns of a potential banking crisis in Canada. Hedge fund bets against TD Bank reached a staggering $4.2 billion, with analysts raising concerns about the bank’s exposure to the U.S. regional lenders.
Stable and resilient.