Until This Changes, Forget Inflation: Banks Bought Epic Amounts of Safe, Liquid Assets in H1 ’21
October 11, 2021 at 12:00 PM EDT
The upshot is that bank assets are the safest and the most liquid they have proportionally been since 1962. On the flipside, lending is below 50% of total assets in each of the first two quarters of 2021, this for the first time since 1955.