Locator: 44694MMFs.
I remember when this chart "was fascinating" when it trended toward $6 trillion. In fact, at that time, the y-axis only went to $7 trillion. Now, it appears the MMFs manage in excess of $7 trillion and trending toward $8 trillion. The questions remain/become:
- from where is all this money coming?
- how many Germans / other EU residents are now moving their money from their country to the US?
- Taiwanese? Mideast?
- with regard to US equities, does this chart even matter?
- how high can "it" go?
- why is this never discussed on CNBC?
Link here, my favorite chart, MMFs:
Without question I find this a most -- if not the most -- fascinating graphic.
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