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The Fed's Timing and Trend Following Strategy for Advisors
Most advisors allocation today, 62% had some type of timing or trend following strategy that they've utilized for their clients. So in the last year or two, they've taken money off the table both on the equity side and the fixed income side. And there, as you point out, are getting paid for keeping that in money market funds. But those rates probably won't be available a year from now.