Image source: PixabayMoney-market inflows continued for the seventh straight week getting close to $6.1 trillion…
Source: BloombergAs total seasonally-adjusted US bank deposits fell $41.5 BN…
Source: BloombergWhile on a non-seasonally-adjusted basis, total US ban deposits rose $89BN…?
Source: BloombergExcluding foreign deposits, domestic deposits soared almost $100BN (NSA) last week – the most since March (large banks +$78BN, small banks +$22BN), while on an SA basis deposits tumbled $36.5BN – most in two months (large banks -$30BN, small banks -$7BN)…
Source: BloombergOn the other side of the ledger, loan volume barely budged overall with large bank loan volumes rising just below $1BN and small bank loan volumes shrinking just less than $1BN…
Source: BloombergUS equity market cap surged back to a new record high, dramatically decoupled from bank reserves at The Fed…
Source: BloombergWhich is more likely to happen – a collapse in the US equity market or sudden surge in bank deposits at The Fed?More By This Author:May Payrolls Soar 272K, Above Highest Estimate, As Wages Come In Red HotECB Cuts Rates For The First Time Since 2019, Does Not “Pre-Commit To A Particular Rate Path”Wall Street Admits The Biggest Economic Shocker: All Jobs In The Past Year Have Gone To Illegal Aliens
