Anonymous ID: 526fb9 Dec. 22, 2023, 4:53 p.m. No.20116959   🗄️.is 🔗kun   >>6976 >>6992 >>7193 >>7298 >>7315

Saudi AF SVA7232 737-900 registered to Saudi Ministry of Finance departed Houston Intl EN arriving 12/21 and stopped at Bangor,ME for about 50m and London-Luton for about 90m from its Riyadh,SA depart on

Have seen them go to Houston and Mayo Clinic in MN for medical treatment before

Anonymous ID: 526fb9 Dec. 22, 2023, 5:34 p.m. No.20117119   🗄️.is 🔗kun   >>7193 >>7298 >>7315

Large Bank Deposits Rise As Money-Market Outflows Accelerate, Small Banks Still Stressed

 

[the weekly Fed smoothin’ aka seasonal vs non-seasonal adjustment exercise designed to show everything just fine because if you can just sky bank stonks nobody cares what is under the hood as still broke dick w/o the BTFP (and all the money the SF Federal Home Bank shoved out in response isn’t factored here either that’s another story) and nuffin to see here until you get to cap 5 cuz without the BTFP-which will likely be extended cuz do you think they are going to suddenly make them pay it back when they continue to draw from it? has a term of one year]

 

Yesterday we discovered that Regional bank shares have been soaring towards pre-SVB levels despite yet another huge increase to a new record high in the usage of The Fed's bank bailout facility (now at $131BN)… However, what was most notable was that money-market funds saw another weekly outflow, potentially setting us up for more deposit inflows at the banks. On a seasonally-adjusted basis. total bank deposits rose for the second straight week, up $11.4BN.. Even more impressively, non-seasonally-adjusted, total bank deposits soared by $76BN (the 3rd straight week of inflows), practically back to pre-SVB levels… Excluding foreign banks, domestic bank deposits rose $73BN (NSA) and $14.4BN (SA). Excluding foreign bank deposits that means the US banking system is only down $82BN (NSA) from the start of the SVB crisis… On a seasonally-adjusted basis, Small banks saw a small $0.4BN deposit outflow, while Large banks saw $14,8BN inflows. And while Small bank deposits have been rising (NSA), Large bank deposits are soaring (NSA). However, on a seasonally-adjusted basis, neither Small nor Large bank deposit bases have really moved for almost 5 months. Are money-market outflows going to bank deposits. On the other side of the ledger, Large bank loan volumes shrank for the second week in a row (-$7.5BN) while Small bank loan volumes rose by $5.5BN (5th week in a row of increased small bank loan volumes)…[this is nuffin but also a slow time of year too]. As we warned last week, there is potential trouble brewing still as the key warning sign continues to trend ominously lower (Small Banks' reserve constraint - blue line), supported above the critical level by The Fed's emergency funds (for now)… As the red line shows, without The Fed's help, the crisis is back (and large bank cash needs a home - green line - like picking up a small bank from the FDIC).

All of which makes us wonder, are we setting up for another banking crisis in March as:

1) BTFP runs out (it was only a 12 month temporary program), and

2) RRP drains to zero, at which point reserves get yanked which means huge deposits flight.[we’ll see about that as it doesn’t mean that is going to habben that way and imo some ZH style fear pron but in the same question as last week]. Is that why The Fed needed to bring rates down massively and fast, to reduce the bond losses on banks' books?[let’s be clear here…it ain’t the Fed bringing rates down it’s the overall bond market…are there proxies for the Fed that take ditrection from them? absolutely but it is NOT the FED directly-get yer shit straight ZH]

https://www.zerohedge.com/markets/large-bank-deposits-rise-money-market-outflows-accelerate-small-banks-still-stressed