Deposits continue to contract at record levels… Nearly 50% of people are worried about the safety of their deposits in banks

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