Massive Retail Money Market Inflows Suggest Bank Deposit Run Accelerating
May 04, 2023 at 16:42 PM EDT
After last week saw The Fed’s balance sheet continue is decline back from its bank-bailout resurgence, all eyes will be back on H.4.1. report this evening for signs that the regional banking crisis is accelerating (as regional bank shares suggest). The answer is not a good sign for the bulls as Money Market Funds saw $47 billion of […] Source