The banking crisis keeps getting worse
Deposits continue to contract at record levels pic.twitter.com/n9vgMeGa4A
— Bravos Research (@bravosresearch) May 5, 2023
Nearly 50% of people are worried about the safety of their deposits in banks
Did I get transported back to 1929 somehow? pic.twitter.com/dhh3bHeKNS
— Genevieve Roch-Decter, CFA (@GRDecter) May 5, 2023
https://twitter.com/Mayhem4Markets/status/1654548480818307073
The deposits are not running because people are worried about FDIC limits.
The deposits are running because the banks only pay 0.01% interest while money market accounts are over 4%. pic.twitter.com/aFQQvwYfBR
— Wall Street Mav (@WallStreetMav) May 5, 2023