U.S. Investors Are Flush With Cash, and Happy to Keep It There
From the Center
AllSides Media Bias Rating: Center
U.S. investors are sitting on a pile of cash. Even with rates now coming down, many are in no rush to move it.
Assets in money-market funds reached a record $7.7 trillion last week, with more than $60 billion flowing into those funds during the first four days of the month, according to Crane Data, an industry researcher.
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