3min chapter

The Compound and Friends cover image

Bearish but Priced In

The Compound and Friends

CHAPTER

The Impact of Bank Deposit Rates on Money Market Funds

Banks will aggressively hike deposit rates at the expense of margins. Bank deposit rates have not historically tracked money market rates in the US. I think you're wearing a two-tiered banking system now, if you're one of the really big super banks You don't really need to compete with money markets because you're getting the cash in and for most people, you know Like I've cash at a bank.

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