Schwab CDS jump is not concerning and those that think it is are Chicken Little. CTFD! Submitted by mrnotadvice t3_121xma3 on March 25, 2023 at 8:11 PM in wallstreetbets 26 comments 28
Theta_Ome t1_jdr3bge wrote on March 26, 2023 at 3:08 PM Schwab bought think or swim for their retirement book. The accounts they acquired padded against their risk assets exceptionally well by multiples. I’m not worried about Schwab Or any other bank for that matter, least of all Schwab. The doomers are astroturfers talking their apocalypse book. Permalink 2
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