Money Market Funds, Large CDs, Small CDs, and Total Deposits: Americans’ Huge Piles of Interest-Earning Cash as Rates Drop by Wolf Richter • Dec 13, 2024 • 48 Comments Household cash in money market funds jumps to a record but CD balances begin to decline.
Money Market Funds, Large CDs, Small CDs, and T-Bills: Americans and their Huge Piles of Interest-Earning Cash by Wolf Richter • Sep 13, 2024 • 137 Comments Households’ money market fund & CD balances rise to a record $7.4 trillion; “savings” are far from depleted, they’re bigger than ever.
Banks Still Stuck with $13 Billion in Risky Loans from Musk’s LBO of Twitter 22 Months Ago, Possibly the Longest Hung Deal of this Size Ever by Wolf Richter • Aug 20, 2024 • 98 Comments The banks could sell the leveraged loans, but only at a big loss. Some have already written them down by hundreds of millions of dollars.
Nonresidential CRE Loans Are Leaving Skid Marks on Banks by Wolf Richter • May 30, 2024 • 35 Comments They’re only a small-ish part of the banking industry’s overall loan book. But some banks are more exposed than others.
Status of Banks’ Unrealized Losses in Q1: Worsened after Brief Rate-Cut-Mania Relief by Wolf Richter • May 29, 2024 • 78 Comments Rate-cut-mania soothed the pain, but it’s over.
Money Market Funds, T-Bills, Large CDs, Small CDs: Americans Learn to Arbitrage the Higher-for-Longer Interest Rates by Wolf Richter • Apr 27, 2024 • 137 Comments There’s no need to still pay a “loyalty tax” to the banks.
Banks’ Exposure to CRE Loans by Bank Size by Wolf Richter • Apr 13, 2024 • 80 Comments When CRE hits investors, fine, they were paid to take those risks. But we’re a little more squeamish when it comes to banks.
Who’s on the Hook for Multifamily CRE Mortgages? #1 Taxpayers, far ahead of #2 Banks by Wolf Richter • Mar 18, 2024 • 94 Comments Another reason why the Fed can let the CRE swoon rip.
The Banks: “Unrealized Losses” in Q4, Securities Held by Banks, Bank Failures, and the Dropping Bank Count by Wolf Richter • Mar 10, 2024 • 129 Comments In 2024, some banks will fail. In 2023, five banks failed. In 1989, over 500 banks failed. Since 1936, there were only 5 years without bank failures.
Some of the 49 Small Banks Heavily Exposed to Bad Multifamily CRE Loans May Topple, but their Size Limits Contagion: Fitch by Wolf Richter • Feb 19, 2024 • 92 Comments Multifamily lending ballooned 32% from early 2020, powered by low interest rates and soaring rents. Now there’s a price to pay.
