Massive Retail Money Market Inflows Suggest Bank Deposit Run Accelerating

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). 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… The breakdown