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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: hclasvegas   😊 😞
Number: of 15062 
Subject: O/t, banks and their cost of deposits,
Date: 04/07/2023 7:50 AM
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For various reasons I'm on many accounts , not just family but friends as well. So , in the aggregate I see statements from many firms. It's incredible what banks, brokerage firms, and other financial institutions are, offering, to hold on to and attract money. This tells us banks, cost of deposits, will be up, substantially, going forward, as Americans become better educated. It's going to be a very interesting year for bank earnings , as their cost of deposits, explode, and they are forced to mark to market.
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