Massive Retail Money Market Inflows Suggest Bank Deposit Run Accelerating

• Massive Retail Money Market Inflows Suggest Bank Deposit Run Accelerating
  by Tyler Durden, https://www.zerohedge.com/
  After last week saw The Fed’s balance sheet continue is decline back from its bank-bailout resurgence, all eyes will be back on H.4.1. report this evening for signs that the regional banking crisis is accelerating (as regional bank shares suggest).
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  The answer is not a good sign for the bulls as Money Market Funds saw $47 billion of INFLOWS, pushing the aggregate to a record high of $5.31 trillion. That is over $100 billion of inflows in two weeks…
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  The breakdown was $20.7 billion from Institutional funds and $26.4 billion from retail funds (up dramatically from the $4.98 billion last week).
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  read more.

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