U.S. Money Market Fund Assets

U.S. Money Market Fund Assets U.S. money market fund assets hit a new all-time high of $8.2 tn, reflecting a continued trend of investors seeking safety and yield. Image: Goldman Sachs Global Investment Research

Global Money Market Fund Assets

Global Money Market Fund Assets Global money market fund assets hit a new all-time high of $9.7 tn, highlighting the perceived security and attractiveness of these funds as a viable approach for temporarily storing and increasing capital. Image: Goldman Sachs Global Investment Research

Valuation – Market Capitalization of Stock Market / M2 Money Supply

Valuation – Market Capitalization of Stock Market / M2 Money Supply The current high market capitalization of U.S. equities relative to M2 suggests that investors are anticipating very optimistic future earnings and a stable economic outlook. Image: Gavekal, Macrobond

U.S. Money Market Funds

U.S. Money Market Funds Following the Fed’s first rate cut, U.S. money market funds typically experience outflows within 12 months as investors rebalance portfolios and reassess risk in response to changing interest rates and market conditions. Image: Federal Reserve Bank of St. Louis

Managed Money Gold Futures Positions

Gold Net Long Managed Money on COMEX Gold’s appeal as a safe-haven asset historically strengthens during periods of uncertainty, leading to increased investor positioning. Image: Goldman Sachs Global Investment Research

Flows into Money Market Funds

Flows into Money Market Funds Investor interest in U.S. government money market funds continues to be strong, driven by their current attractive yields, high level of safety and liquidity. Image: Goldman Sachs Global Investment Research

Money Market Fund Assets

Money Market Fund Assets U.S. money market funds usually see outflows within 12 months after the Fed’s first rate cut, as investors rebalance their portfolios and reassess risk in light of changing interest rates and market dynamics. Image: The Daily Shot

U.S. Money Market Fund Assets and Fed Funds Rate

U.S. Money Market Fund Assets and Fed Funds Rate The current environment suggests that a substantial amount of capital is poised to flow back into equity markets, driven by expectations of favorable economic conditions and monetary policy adjustments. Image: Goldman Sachs Global Investment Research

U.S. Money Market Fund Assets vs. Federal Funds Effective Rate

U.S. Money Market Fund Assets vs. Federal Funds Effective Rate U.S. money market funds are sensitive to changes in interest rates, and historical trends indicate that they often experience outflows approximately 12 months after an initial Fed rate cut. Image: Real Investment Advice

Money Market Fund Flows

Money Market Fund Flows In the lead-up to U.S. elections, money market funds, which are seen as a safe haven, frequently see inflows as investors aim to lower their risk exposure. Image: BofA Global Investment Strategy

M2 Money Supply

M2 Money Supply The recent rise in the M2 money supply in the United States is considered a favorable development for equity markets, enhancing liquidity and potentially driving additional investment in stocks. Image: Deutsche Bank