Even though it slowed somewhat q/q JPM and WFC each reported huge deposit growth y/y in Q1. Systemic deposit growth is shown below:
For a broader picture, here's M2 growth, quite significant considering that GDP is growing sub 3%:
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For compliance reasons, I don't post comments to the site, but I do like hearing from readers and am happy to answer any questions. Feel free to use the comment box to get in touch. Please leave an email address in your comment so that I can write back, or email me directly at Skrisiloff@avondaleam.com.