congrats GE! fantastic result
$GE Aerospace(GE.US)$

The central bank also signaled it could pause rate hikes through a change in its statement.
The Fed Funds rate is now at 5%-5.25%, and the decision to raise was unanimous.
$S&P 500 Index(.SPX.US)$ $SPDR S&P 500 ETF(SPY.US)$ $Invesco QQQ Trust(QQQ.US)$ $Nasdaq Composite Index(.IXIC.US)$ $Dow Jones Industrial Average(.DJI.US)$ $ProShares UltraPro Short QQQ ETF(SQQQ.US)$

It has not been great for the banks.
After SVB and Silvergate's meltdown, even the larger banks are facing scrutiny.
One of them is $Bank of America(BAC.US)$. Here's what you need to understand, as per what the news are highlighting, and what you missed.
1. The MTM losses
The culmination of SVB's bank run is attributed to a few factors that IF happened simultaneously, would then trigger the bank run.
One of if was being forced to realize the unrealized losses...

$SPDR S&P 500 ETF(SPY.US)$ definitely bearish.. rip bulls