That is over $360 billion in outflows in the last 3 weeks... but but but SVB fixed everything? However, what really matters is the non-seasonally-adjusted data which saw major outflows across small, large, and foreign banks...
https://www.zerohedge.com/markets/deposit-outflows-continue-foreign-banks-bleeding-most
That is over $360 billion in outflows in the last 3 weeks... but but but SVB fixed everything? However, what really matters is the non-seasonally-adjusted data which saw major outflows across small, large, and foreign banks... https://www.zerohedge.com/markets/deposit-outflows-continue-foreign-banks-bleeding-most
WWW.ZEROHEDGE.COM
US Bank-Run Escalates: Deposit Outflows Top $360 Billion In Last 3 Weeks
...is The Fed using a historical seasonal adjustment factor AS IF there is no bank run which is traditionally the case...
Wow
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