A parody trading card mocking the $7T cash pile in money markets and the faltering hope of rate cuts. "Cash Splash Meltdown" overshadows stability with leaks, melting thermometers, and cash waterfalls.
Original Story
According to CNBC, there is approximately $7 trillion parked in U.S. money market funds as investors await potential interest rate cuts from the Federal Reserve. Yields on money markets remain high in many cases, but uncertainty over policy actions has market watchers on edge.Full Story