Sunday, November 10, 2024

Money Market Fund -- Weekly Update -- Huge Inflow -- November 10, 2024

Locator: 48749MMF.

My favorite chart.

Link here.

Read this closely. This is amazing.

So all those folks who were sucked in by legacy media, moved $80 billion out of the stock market into MMFs just before November 6, arguably the biggest day ever for the stock market when the Dow Jones was one its way to 44,000 and the S&P 500 hit 4,600 for the first time ever.

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