All Money Market Funds Total Net Assets Investors currently hold $6.154 trillion in money market funds, which is being interpreted as a contrarian bullish signal for the stock market. Image: BofA Global Research
Money Market Fund Flows Money market funds often experience inflows before U.S. elections, as investors seek to reduce risk during election years and protect their cash. Image: Goldman Sachs Global Investment Research
Money Market Fund Assets Weekly cash inflows reached $40.4 billion, suggesting continued momentum, though this raises the question of whether a cash bubble may be forming. Image: BofA Global Investment Strategy
U.S. Money Market Fund Assets Following a Fed rate cut, U.S. money market funds typically experience outflows 12 months later as investors adjust their portfolios and manage risk in response to changing interest rates and market conditions. Image: Goldman Sachs Global Investment 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
Money Market Fund Assets vs. Fed Funds Target Rate Money market funds often experience outflows 12 months after the initial rate cut. This occurs as investors reallocate their investments and adjust their risk exposure in response to fluctuations in interest rates and market conditions. Image: BofA Global Fund Manager Survey
Money Market Fund Flows While the U.S. equity market has been steadily rising since its 2022 low, conservative investors maintain a strong inclination towards holding cash. Image: BofA Global Investment Strategy
Flows into Money Market Funds Money market funds have seen strong inflows since the start of the year. Investors continue to show a strong affinity for cash, seeking for more defensive approaches to the market. Image: BofA Global Investment Strategy
12-Month Rolling Money Market In/(Out)Flows vs. NY Fed 12-Month Ahead Yield Curve Implied Recession Probability The probability of a U.S. recession can significantly influence investor behavior, potentially leading to a rotation out of money markets if the likelihood of a recession diminishes. Image: Goldman Sachs Global Investment Research
Global Money Market Fund Assets Global money market fund assets hit a new all-time high of $8.3 trillion, 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