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Saturday, January 20, 2024

My Favorite Chart Updated Overnight -- January 20, 2024

Locator: 46590MMF.

For the archives: the US stock market was in the doldrums the first two weeks of January. On January 19, 2024, the market surged, all major indices hitting new all-time highs. Despite money (apparently) pouring into equities, MMF assets also continued to grow.

What an economy!

My favorite chart.

Link here.

Assets have increased -- not much -- but they have increased. 


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