US Daily Cash Surplus 4/17/2015

The US Daily Cash Surplus for Friday 4/17/2015 was $18.4B bringing the April 2015 surplus through 17 days to $47B.

2015-04-17 USDD

We finally see some signs of life on the revenue side with nearly a $10B YOY gain on the day. This more or less alleviates the concerns of weakness I have had for the past few days making it much more likely it was primarily related to timing rather than weak revenues. We should have a much better idea by the end of the week either way.