money market funds

Billionaire Bill Ackman said that he was “bullish” as the money market funds hit a record, hinting that any rate cuts could direct these monies into the equity markets. What Happened: The founder and CEO of Pershing Square Capital Management, L.P., emphasized his “bullish”...

While the stock market has been scaling new records, the CIO of FundStrat Capital, Tom Lee, has said that his institutional clients are “hating” the current rally in the stock market. Additionally, he spoke about three levers that could propel the market higher in the future. What...