CHART OF THE DAY: Investors are on pace to put a record $1.5 trillion into money market funds this year

Bank of America Investors are increasingly taking advantage of risk-free interest rates above 5%. Money market funds are on track to take in a record $1.5 trillion this year, according to Bank of America. "Nothing screams 'bear market in conviction' more than money market funds seeing $1 trillion…#bankofamerica #michaelhartnett #federalreserve #stephensuttmeier

Source: Reuters: Health - September 15, 2023 Category: Consumer Health News Source Type: news