Friday Sep 01, 2023
(FF) Money Market Funds
Where are investors turning in the midst of economic uncertainties? It seems like they're turning to Money Markets. The assets in Money Market funds have skyrocketed to a staggering $5.6 trillion, marking an unprecedented all-time high and an 18% surge since the beginning of the year. LPL Financial's insightful charts reveal the continuous inflow of capital into these funds over the past year, depicting a preference for stability amid market fluctuations. But Is this the right move to make? We're talking about it on this week's episode of The Fastest Four Minutes in Finance!
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