
What the banking turmoil means for investors’ portfolios
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What Happened to the US Banking System?
When COVID hit, the Federal Reserve looked to pump significant amounts of liquidity into the economy. That resulted in just a lot of deposit creation as the Federal Reserve expanded their own balance sheet. If you look at Europe, deposits are still growing and the banks do not have significant losses on their securities portfolios. So really a very different backdrop between the two regions.
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