Locator: 48412MMF.
GDPNow: up again! Now tracking for a 3.1% for 3Q24. Link here.
Market open:
Are you kidding me? Didn't see this coming, but once one thinks about it, not surprising. I would love to post what I think is causing this but I can't handle the pushback. LOL.
My favorite chart.
MMF assets increased by $120 billion m/m. Currently at $6.42 trillion.
Magnificent seven market cap: around $16 trillion.
As of yesterday, September 26, 2024, link here, total = $19.5775 trillion:
And, now the market is "broadening."
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