$6,440,000,000,000 Piled Into Money Market Funds As Bank of America Warns Rate Cuts Won’t Fuel Rotation To Stocks
September 01 2024 - 5:05PM
The Daily Hodl
The amount of capital invested in money market funds has surged
to a record level with a potential Fed rate cut coming this month.
New figures from the Federal Reserve Economic Data (FRED) show the
amount of capital invested in money market funds has soared to over
$6.44 trillion as of June of this year. […]
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$6,440,000,000,000 Piled Into Money Market Funds As Bank of America
Warns Rate Cuts Won’t Fuel Rotation To Stocks appeared first on
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Daily Hodl.
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Continue reading $6,440,000,000,000 Piled Into Money
Market Funds As Bank of America Warns Rate Cuts Won’t Fuel Rotation
To Stocks
The post
$6,440,000,000,000 Piled Into Money Market Funds As
Bank of America Warns Rate Cuts Won’t Fuel Rotation To Stocks
appeared first on
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