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US Money Market Funds Hit Record High Of $6.75 Trillion: Does This Liquid Cash Pile Illustrate Latent Buying Power?
Tuesday, December 31, 2024 - 6:32am | 463U.S. money market funds have witnessed the highest inflow of all-time reaching a record of $6.75 trillion. While the growth in these funds represents better liquidity, it also indicates that investors may have been sitting on cash signaling “latent buying power.” What Happened: Since...