Locator: 49380MMFS.
Tag: MMF MMFs money market funds.
Last week there was a "sell-off" in the US equity market last week. Where did all that money go?
Some of it was simply rotating: folks rotating their profits out of tech into consumer retail.
But the rest?
Normally I expect to see the range between a minus $10 billion and a plus $30 billion. I can't remember when I saw a number this big -- up $116 billion. Wow. $116 billion.
