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Berkshire Hathaway cut banks position in Q4: Right again?
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regional banks to suffer more

interest rate hikes and inflation will erode any profits being made outside of the deposit base. stock buybacks has reduced the amount of available cash to survive any cost increases. plus flight of depositors to larger banks makes access to the lowest cost products makes the margin squeeze extremely rough. I see a few dozen more failures. predatory behavior by larger banks will let them pick through the failures. probably a few distressed pre-failure mergers also. I don't think the trend will reverse until well after market begins recovery.
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