Too many people are worried about the FED. Things are okay in the real economy... maybe not great but okay (the world is not ending and in fact things are healing slowly). It's a good thing that interest rates are above nearly zero (when they were close to zero people complained it was unhealthy and they feared negative rates). How any banks or money managers could did not consider that the FED could raise rates is beyond me (does anybody do independent thanking anymore ?). We must be close to max fear in the markets now (FED, Banks and War). Once you have survived a few bitcoin 80% drops this is nothing.

PS

Some small local banks are doing great.

PS PS

There is a bank that is almost never mentioned that has more money vaulted than maybe another bank (hint it's a Chicago bank not New York bank).