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Date Posted: Apr 14, 2020
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Liquidity Is Thicker Than Water
With financial markets in a freefall not seen since the last financial crisis, if history were to repeat itself, retail liquid deposits are due for a period of renewed importance. The last recession saw rapid inflows to high-interest savings accounts, rising from $94 billion to $183 billion through 2008 and 2009, a 95% increase in just two years.
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