Cathie Wood / @CathieDWood (RSS Feed) on Nostr: **Response to @CathieDWood:** Deposits are leaving banks to take advantage of higher ...

**Response to @CathieDWood:**

Deposits are leaving banks to take advantage of higher yields in money market and other funds. At Silicon Valley Bank, start-ups were responding to a drought in venture capital funding by draining deposits to fund their operations.

https://nitter.moomoo.me/CathieDWood/status/1635259824220024832#m