1/11 Tomorrow, April 18, is the deadline for filing taxes in the US. This event greatly impacts bank deposits. History suggests $250 billion can flow from bank accounts to pay taxes in the next few weeks. This will push the deposit drawdown to a n

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Danielle DiMartino Booth @dimartinobooth · Apr 17, 2023

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GREAT THREAD @biancoresearch Now add debit ceiling resolution...whenever that occurs A follower earlier made the shrewd observation that it's a Catch 22 - selling hundreds of billions of t-bills won't be welcome, nor will drawing out debt ceiling resolution a la 2011 be welcome

Tweet Apr 17, 2023

1/11 Tomorrow, April 18, is the deadline for filing taxes in the US. This event greatly impacts bank deposits. History suggests $250 billion can flow from bank accounts to pay taxes in the next few weeks. This will push the deposit drawdown to a n

by Jim Bianco

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