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Mid-Year Market Review: Time To Get Off The Bull?

Many Happy Returns

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The Future of Money Market Funds

You're getting pretty good returns with these money market funds for very little risk. And presumably, the returns will stay high as long as central banks don't start cutting interest rates. I think ultimately, the yields will be positive for money market funds, but small. But this is a pretty unusual situation we find ourselves in where people are still willing to invest in negative real yielding assets because they're scared.

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