🧵 1/ The Fed adjusts US bank deposits by $173B in last 3 weeks. Domestic inflows ($89B SA), outflows ($84B NSA) reported. Source: Bloomberg #finance
🧵 1/ The Fed adjusts US bank deposits by $173B in last 3 weeks. Domestic inflows ($89B SA), outflows ($84B NSA) reported. Source: Bloomberg #finance
🧵 2/ US bank total deposits rise by $16.7B (SA) but drop by $55.7B (NSA) last week. Domestic inflows and outflows persist. Source: Bloomberg
🧵 3/ Non-seasonally adjusted deposits show $53B outflows last week, converted into $26B inflows (SA). Large banks see significant changes. Source: Bloomberg
🧵 4/ Loan volumes increase for the fourth consecutive week. US equity market caps start to decline. Will Fed intervene with liquidity boost soon? Source: Bloomberg
🧵 Read more at: https://www.zerohedge.com/markets/fed-finagles-173-billion-positive-us-bank-deposit-adjustments-last-3-weeks