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* Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions, you should consult a financial expert before engaging in any transaction.
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Future Price Cone
The future price cone means the model thinks there is a 80% chance the price will land within the bounds of the cone. A blue cone is neutral, a green cone is bullish, and a red cone is bearish.
Model Correlation
Higher (closer to 1) means a more accurate model and lower (closer to -1) means a less accurate model. This is the Spearman Correlation between model predicted percent change and actual percent change calculated over the last 150 days.
Percent Correct (up or down)
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* Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions, you should consult a financial expert before engaging in any transaction.
Helium Summary:
The FDIC proposed a special assessment on large banks to recover $15.8 billion used to protect uninsured depositors following the failures of Silicon Valley Bank (SVB) and Signature Bank.
The assessment imposes a fee of 0.125% on insured deposits at banks with $5 billion in assets or more, starting in the first quarter of 2024 [Fox Business].
June 07, 2023
Perspectives
Regulators
Urgent need for recovery measures to stabilize financial markets
Investors
Worries about more potential bank failures
Bank executives
Pressure to manage risks and maintain depositor confidence
Q&A
How many banks will be affected by the assessment?
The FDIC estimates that about 113 banks will be affected [Fox Business]. What is the duration of the assessment?
The assessment will remain in effect for eight quarterly assessment periods starting in the first quarter of 2024 [Fox Business].
The sources present factual information, covering regulatory and banking perspectives on the issue.
While an overall concern about bank stability is evident, they do not explicitly sensationalize or induce panic in readers.
Context
The issue of bank failures, particularly SVB and Signature Bank, brings into focus the importance of risk management and depositor protection within the banking sector.
Takeaway
The FDIC's proposed assessment on large banks is a response to recent bank failures, reflecting market anxieties and the need for risk management measures.
Potential Outcomes
1. Successful recovery of $15.8 billion through assessment (70%)
2. More bank failures leading to additional assessments (20%)
3. Banks lobbying against the assessment and seeking alternative measures (10%)
* Disclaimer: Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy
of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions,
you should consult a financial expert before engaging in any transaction.
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