Money-Market Funds & Bank Deposits See Huge Inflows As Stocks Rebounded Money market funds saw significant inflows for the third straight week (+$24.9BN) pushing total assets under management to a new record high of $6.24TN, despite the rebound in stocks… Source: Bloomberg As both retail and institutional MM funds saw inflows, US bank deposits (on a seasonally-adjusted basis) rebounded from last week’s big decline with $36.3BN in inflows in the week-ending 8/14… Source: Bloomberg Also, on a non-seasonally-adjusted basis, US bank deposits surged $72.3BN, erasing all of the prior week’s declines… Source: Bloomberg Particularly interesting is the fact that since… — Continue at ZeroHedge News : Read More
Home » Money-Market Funds & Bank Deposits See Huge Inflows As Stocks Rebounded – Tyler Durden