$29 billion deposited to commercial banks in the last week (May 10th-17th). $1,006 billion in deposits has been pulled since the all time hit 4/13/22. Since the run picked up momentum 2/22/2023, $538 billion in deposits have been pulled. A transitory break before accelerating again?

by Dismal-Jellyfish https://www.federalreserve.gov/releases/h8/20230526/ https://fred.stlouisfed.org/series/DPSACBW027SBOG A little over a year ago (4/13/2022) the high was hit at $18,158.3536 billion Date Deposits, All Commercial Banks (billions) Down from all time high (billions) 4/13/2022 $18,158 0 2/22/2023 (Run picks up speed) $17,690 -$468 …

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-$167.2 billion! From March 2023 to April 2023, M2 (U.S. money stock–currency and coins held by the non-bank public, checkable deposits, and travelers’ checks, plus savings deposits, small time deposits under 100k, and shares in retail money market funds) DECREASED by $167.2 billion.

by Dismal-Jellyfish Money Stock Measures – H.6 Release https://www.federalreserve.gov/releases/h6/current/default.htm M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) demand deposits at commercial banks (excluding those amounts held by depository institutions, …

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$57 billion withdrawn from commercial banks in the last week (May 3rd-10th). Since 2/22/2023, $590 billion in deposits have been pulled. $1,058 billion in deposits has been pulled since the all time hit 4/13/22. The bank run continues and picks up speed!

by Dismal-Jellyfish Source: https://www.federalreserve.gov/releases/h8/20230519/ https://fred.stlouisfed.org/series/DPSACBW027SBOG EDIT: I was originally using the not seasonally adjusted data instead of seasonally adjusted data. Have edited all the numbers to reflect (outside of the title). Apologies for the mix up–what I get for trying to …

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$110.992 billion withdrawn from commercial banks in the last week (Mar 22-29th). Since 2/22/2023, $500.1433 billion in deposits have been pulled. $967.516 billion in deposits has been pulled in the last year. The bank run keeps running!

by Dismal-Jellyfish https://fred.stlouisfed.org/series/DPSACBW027SBOG A little less than a year ago, the high was hit 4/13/2022 at $18,158.3536 billion Folks have pulled $967.516 billion in deposits since 4/13/2022 Folks have pulled $500.1433 billion in deposits since 2/22/2023 Folks have pulled $110.992 …

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Several Chinese local banks freeze deposits, triggering protests

by Boo_Randy If you don’t hold it, you don’t own it: China edition. $1.5bn from 1m customers locked after lenders operated outside their region https://asia.nikkei.com/Business/Finance/Several-Chinese-local-banks-freeze-deposits-triggering-protests SHANGHAI — Protests have broken out in China after several regional banks prevented customers from making withdrawals in …

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