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What Will Break First? | Joseph Wang & Peter Crane
Forward Guidance
Money Market Funds - Is That a Good Idea?
One of the mechanisms where we see higher short turn rates impacting the bottem market is when people take money out of the stock market and put it in a money market fund. So far we haven't seen very large inflows into the money market fund space. I i would wager they're going to break through those levels within two months, three months from now.
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