Cash is King: Assets Held in Money Market Funds Now Above $3 Trillion

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Cash is King: Assets Held in Money Market Funds Now Above $3 Trillion


Volatility in the stock markets has driven investors towards cash, sending assets held in money market funds swelling to their highest levels since March 2010. After spending much of the last eight years in the $2 trillion range, the assets held in money market funds surged above $3 trillion mid last month, according to CNBC.

The post Cash is King: Assets Held in Money Market Funds Now Above $3 Trillion appeared first on CCN

Posted by Mark Emem on January 15, 2019 @ https://www.ccn.com/cash-is-king-assets-held-in-money-market-funds-now-above-3-trillion/

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