Banking and Fintech File retweeted
Absolute insanity.
In just 40 minutes, the S&P 500 has now erased -$2 trillion in market cap.
The entire post-Midterm Election rally has been erased in a matter of minutes.
This is one of the fastest market cap losses in stock market history.
NJ has a lot of issues but we do cash pay MRI's well
🩻 Cash price of a knee MRI at US hospitals, by state (median)
1. New Jersey: $415
2. Maryland: $583
3. Puerto Rico: $725
4. Louisiana: $808
5. Arkansas: $900
6. Tennessee: $974
7. New York: $1,006
8. Indiana: $1,017
9. Mississippi: $1,118
10. Kansas: $1,271
11. West Virginia: $1,302
12. Oklahoma: $1,345
13. Maine: $1,367
14. Arizona: $1,446
15. New Mexico: $1,472
16. Hawaii: $1,504
17. Georgia: $1,516
18. Michigan: $1,527
19. Kentucky: $1,609
20. Connecticut: $1,619
21. Missouri: $1,664
22. Montana: $1,678
23. Idaho: $1,746
24. Ohio: $1,752
25. Pennsylvania: $1,756
26. Oregon: $1,776
27. Alabama: $1,786
28. Massachusetts: $1,842
29. Washington: $1,846
30. Wyoming: $1,910
31. Minnesota: $1,932
32. Virginia: $1,932
33. North Dakota: $1,933
34. Colorado: $2,012
35. New Hampshire: $2,059
36. North Carolina: $2,061
37. Rhode Island: $2,100
38. Wisconsin: $2,110
39. Texas: $2,159
40. Iowa: $2,232
41. Nevada: $2,297
42. South Carolina: $2,447
43. Delaware: $2,452
44. Nebraska: $2,524
45. Illinois: $2,860
46. Vermont: $3,078
47. South Dakota: $3,170
48. California: $3,196
49. Alaska: $3,222
50. Florida: $3,535
51. Utah: $4,650
Source: Hospital price transparency data via SelfPayRates (October 2026)
If you thought Social Security was a problem what until you see the interest payments on our federal debt
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Oil is flowing from the Middle East but gas prices are nowhere near prewar level. An unseen factor is the insurance expense. All in, a cargo ship is incurring nearly another $10M in insurance expense because of the Iran War. If that remains don't expect gas prices to drop soon.
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Is it me or are there so many disconnects in the market right now? Stock market is up, 10 yr yields keep rising, steady inflation creep, good GDP numbers. For every positive, there seems to be a negative.
Does the economy start to rip once the Iran war ends?
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File 001: Deposits still grow. The 10-year does not care. bankfintechfile.substack.com…
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The FDIC has 47 unnamed FIs' on it's problem list. Which is 1.1% of FI's and is considered within an acceptable range.
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Looking for some historical context regarding unemployment and the 10-year? Last time the 10-year was actually at 5.24% was June 2006, unemployment 4.6%. Today: 5.24%, openings 7.08 million, unemployment 4.1%.
BREAKING: U.S. job openings fell to 7.08 million in August while consumer confidence dropped to 81.9, well below the 89.0 expected.
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