How the Coming Credit Crunch Could Harm the Economy and Real Estate Prices
Money For the Rest of Us
00:00
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.
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
