ZeroHedge: Time to Bet Against Banks In the wake of the Silicon Valley Bank collapse, the Federal Reserve introduced the Bank Term Funding Program (BTFP) to stabilize the financial sector, but this program has recently expired. Simultaneously, the anticipation of a Federal Reserve rate cut has been delayed indefinitely due to ongoing high inflation. This delay means that banks continue to face tough competition from higher-yielding money market funds for depositors. This dual pressure of the expired assistance program and the deferral of rate cuts poses significant challenges for banks, suggesting that now might be an opportune time to bet against them. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts NYCB in Crisis: CEO Steps Down as Losses Mount to $2.7 Billion READ MORE Gold Climbs Back Above $2,000 as U.S. Retail Sales Falter READ MORE Your Ultimate Guide to the Gold Market READ MORE How & Where to Buy Silver Bars (2024 Buyers Guide) READ MORE Gold Prices Ease After Record Surge Amid Middle East Strife READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment