$286 Bln Flow to Money Market Fund! Why Tigers Choose Fund of 4.75% Return?
@Tiger_comments:
Money market funds saw inflows of $129.3 billion during the week following the collapse of Silicon Valley Bank. As of last Sunday, more than $286 billion had flowed into money market funds in March, the largest inflow since the early days of the pandemic.Column chart of Net monthly flows ($bn) showing US money market fund inflows highest since April 2020The Goldman Sachs report predicted thatindividual US investors could sell as much as $1.1 trillion in stocks this year and put that money into money market funds instead. 1. Why do investors choose money market funds?Relatively high returns and low risks!Job market needs more time to cool down; the pace of interest rate hikes has not stopped. The stock market is still volatile and full of great uncertainty. Inflation, although coo