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Recession Not Required (EP.317)

Animal Spirits Podcast

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The Rise of Money Market Funds

Money market funds took in $43 billion last week. They've now taken in nearly $900 billion since the October 2022 low. The S&P 500 is a 25% over this time. A lot of this is moving from zero yield accounts at banks to money market funds, which makes good sense. But man, this market, it'll get you.

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