Entirely OT but interesting. Cash will be trash again? | BNGO Message Board Posts


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Msg  1320 of 1470  at  12/1/2023 1:38:24 AM  by

no_gluts_no_gory


Entirely OT but interesting. Cash will be trash again?

It says, essentially, if interest rates keep pulling back, people will seek higher returns. With the market surging, some of those money market funds could be drawn to the stock market. Interesting concept.
 
https://www.reuters.com/markets/us/fed-starting-gun-6-trillion-dash-cash-mcgeever-2023-11-29/ 


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