The Fed's View on Deposit Outflows

I'm not that sure that people are actually taking their money out of banks that they know well. I do expect the federal home loan bank stuff to be very big over time. And then we haven't even talked about it, but obviously the stock market has not really been down. We might be more concerned if some huge things happen with bank stocks with bond things or whatever,. But you know, no one is going around saying the yield curve is inverted by 150 basis points"