Fidenza Macro

Fidenza Macro

Update on current positions

And fresh data on the banking system

Geo Chen's avatar
Geo Chen
Mar 31, 2023
∙ Paid

First, some fresh data on the health of the banking system, courtesy of MNI:

Deposits continue to flow out of commercial banks

The outflows are being led by small banks and foreign banks, while large banks are getting inflows.

Deposits are still flowing out of small banks and into money market funds

Get 33% off for 1 year

User's avatar

Continue reading this post for free, courtesy of Geo Chen.

Or purchase a paid subscription.
© 2026 Geo Chen · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture