Consumer Staples Check-Up, a U.S. Credit Crunch, and Closing Out the Trading Week 04/21/23
Morning Call
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The Importance of Deposit Outflows in the First Quarter
The big banks, yes they may have seen some of those deposits in like the last part of the quarter right after Silicon Valley banks collapsed. But overall it didn't really outweigh some of those general moves that happened during the first quarter of any given year. We're not expecting a huge deposit issue at regions financial as well.
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