@GS_CapSF LOL &amp; Agreed :) $JPM Lender of 3rd Last Resort after Fed &amp; FHLB..Albeit with a sizable Credit Book. The Fed has already said by actions w QE5... you can trade this stuff on valuation &amp; earnings/capital... but pls don’t waste any time on $DXY Liquidity Risks in the US Fin System.