Friday, December 13, 2024

Tag: These Charts Reveal Why the Fed Is Frightened about Capital Levels at the Wall Street Mega Banks

These Charts Reveal Why the Fed Is Frightened about Capital Levels at the Wall Street Mega Banks

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by Pam Martens and Russ Martens, Wall St On Parade:

According to Federal Reserve data dating back to July 3, 1985 – a span of close to 39 years – there has not been a time when the largest 25 banks were bleeding deposits on the scale that has been happening for the past 22 months.

There has also never been a time comparable to the last 22 months when the largest 25 banks were bleeding deposits while the smaller banks were growing deposits. (See the chart above.)