Interestingly, in yesterday's issued FOMC statement, the Fed removed the phrase 'U.S. banking system is sound and resilient.' 🤔
It's not necessarily concerning, but it's worth noting!
* $New York Community Bancorp(NYCB.US)$ down 45% in 2 days, $KRE -10% in 2 days, $Western Alliance Bancorp(WAL.US)$ -10% today, most since May '23
$Dow Jones Industrial Average(.DJI.US)$ $Nasdaq Composite Index(.IXIC.US)$ $S&P 500 Index(.SPX.US)$ $SPDR S&P 500 ETF(SPY.US)$ $Invesco QQQ Trust(QQQ.US)$