China stocks see largest weekly outflow since October: $1.6 billion withdrawn from Chinese funds, marking first redemptions since November.

🇨🇳China Stocks See Largest Weekly Outflow Since October, Says BofA Chinese stock funds saw the largest weekly outflow since October, as the government seeks to stem a decline in the stock market, according to Bank of America Corp. strategists. About $1.6 billion was pulled… pic.twitter.com/uTbqAbcoaS — Tracy Shuchart (𝒞𝒽𝒾 ) …

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Bank Run Alert! $70 billion withdrawn from commercial banks last week (8/23-8/30). $889 billion in deposits has been pulled since the all time hit 4/13/22. It looks like the bank run is back to picking up speed!

by Dismal-Jellyfish https://fred.stlouisfed.org/series/DPSACBW027SBOG https://www.federalreserve.gov/releases/h8/20230825/ A tad over a year ago (4/13/2022) the high was hit at $18,158.3536 billion: Date Deposits, All Commercial Banks (billions) Down from all time high (billions) 4/13/2022 $18,158 0 2/22/2023 (Run picks up speed) $17,690 -$468 billion 3/1/2023 $17,662 -$496 billion 3/8/2023 $17,599 -$559 billion 3/15/2023 …

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Donald J. Trump: “So now that I have full Subpoena Power the January 6th Committee has illegally destroyed their Records and Documents….This is unthinkable, and the Fake Political Indictment against me must be immediately withdrawn.”

View post on imgur.com Donald J. Trump @realDonaldTrump So now that I have full Subpoena Power because of the Freedom of Speech Sham Indictment by Crooked Joe Biden, Deranged Jack Smith, and the DOJ, it has just been reported that the Unselect January 6th Committee of Political Hacks and Thugs …

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$78 billion withdrawn from commercial banks last week (7/5-7/12). $869 billion in deposits has been pulled since the all time hit 4/13/22. With the FDIC announcement today banks aren’t reporting their uninsured deposits correctly, will this re-accelerate the bank run already picking up pace again?!?

by Dismal-Jellyfish I would like to review a few items this morning: Commercial deposit withdrawals Bank Term Funding Program (BTFP) making up for gaps Todays notice from FDIC banks aren’t correctly reporting the amount of deposits they have that aren’t covered by federal insurance*. \When banks incorrectly report uninsured deposits, …

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