FYI: Investors are moving more and more money to cash in a sign of mounting skepticism about the ability of financial markets and the economy to deliver more growth.
An analysis from research firm DataTrek, drawing on fund flow data from the Investment Company Institute, shows that there was $3.4 trillion in U.S. money market funds as of October 2. That’s about 14% higher than at the end of 2018, and has risen nearly every week since May.
Regards,
Ted
https://www.marketwatch.com/story/investors-are-pivoting-to-cash-thats-not-a-good-sign-2019-10-08/print
