The Risk Of Unrealized Losses At Major Banks

Rising interest rates and pressure in commercial real estate are weighing on the financial sector, notes Eric Hovde. He discusses the risks of unrealized losses at major banks. He talks about how unrealized losses on the balance sheets of the top four banks now exceeds $205.0B. He then goes over how unrealized losses are a reminder for investors to know their bank and to understand the risk and exposure to uncertainty. He mentions how balance sheet management factored into Banc of California (BANC) takeover of PacWest (PACW). He looks at what investors should watch for in banks. Tune in to find out more about the stock market today.