US Bank Deposits Fall Sharply for Second Straight Week

The video discusses recent changes in the banking system, highlighting a significant decline in deposits across both large and small banks. While money market funds have seen an increase, it does not compensate for the overall outflow of funds. The video speculates on potential destinations for these funds, such as treasuries or NFTs, indicating a shift in financial behavior.

What was the total amount of deposits in the nation's banking system after the decline?

• $17.169 trillion

• $17.502 trillion

• $17.302 trillion

• $17.750 trillion

How much did deposits decline for large banks?

• $169 billion

• $500 billion

• $627 billion

• $796 billion

What was the amount of deposits for small banks after the decline?

• $5.469 trillion

• $5.392 trillion

• $5.505 trillion

• $5.796 trillion

How much did money market funds increase during the last month?

• $70 billion

• $66 billion

• $65 billion

• $60 billion

What are some speculated destinations for the money leaving the banking system?

• Real estate

• Stock market

• Treasuries and NFTs

• Cryptocurrencies