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What Will Break First? | Joseph Wang & Peter Crane
Forward Guidance
Money Market Fund Yields Matter
If i borrow from a bank and, let's say seven %, why would i put my money in a money market fund that's yielding two %? It seems like i'm sort of getting negative five % there. But under the surface, it's churning. If you're going enoh, if it's long term, stay long term. I always joke, don't time the money markets either. The other markets. You really want o eo, if if you might need the money, you got to keep it close to cash, or in cash.
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