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3min chapter
How the Coming Credit Crunch Could Harm the Economy and Real Estate Prices
Money For the Rest of Us
The Bank Term Funding Program and the Recession Risk
Bank deposits have dropped, but there hasn't been an all-out bank run. U.S. commercial bank deposits were $17.2 trillion as of March 29, 2023. That's about a 3% decline in deposits from the end of February 2022. The average 60-40 portfolio lost around 15% according to the Wall Street Journal.
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