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Money-Market Fund Assets Tumble Most In 5 Months After Trump Win; Loan Volumes Surge
Money-Market Fund Assets Tumble Most In 5 Months After Trump Win; Loan Volumes Surge Money market funds saw the largest net outflow since June last week (-$22.2BN) as stocks soared after Trump's election win... Source: Bloomberg On the bank deposit side of the cash conundrum, total deposits fell for the second week in a row (though a very small $3.5BN SA)... Source: Bloomberg However, on a non-seasonally-adjusted basis, total deposits surged almost $60BN... Source: Bloomb
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