Money Market Fund Assets as a Percent of S&P 500 Market Capitalization Despite record levels of cash in money market funds, cash on the sidelines is not elevated relative to the S&P 500 market capitalization. In fact, the ratio of money market funds assets to S&P 500 market cap is near historic lows. Image: J.P.…
Money Market Fund Assets While the $7 trillion in money market funds is frequently cited as potential fuel for equities and risk assets, most evidence suggests this cash is primarily a result of yield optimization and prudent cash management. Image: Bloomberg
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 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
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
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
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 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 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
All Money Market Funds Total Net Assets Investors currently hold $6.22 trillion in money market funds, a figure that is being interpreted as contrarian bullish for the stock market. Image: BofA Global Research
Money Market Assets Under Management Following a Fed rate cut, money market funds typically experience outflows 12 months later as investors adapt portfolios and manage risk exposure in response to shifting interest rates and market conditions. Image: BofA Global Investment Strategy