Miner Company
Higher Retail Money Funds = Higher Market
Near-term highs in retail money funds are always associated with the level of market pessimism and closely correlate with significant SP500 cycle lows. Today, both series are at record highs, but the details that underscore the relationship remain.
Near-term highs in retail money funds are always associated with the level of market pessimism and closely correlate with significant SP500 cycle lows. Today, both series are at record highs, but the details that underscore the relationship remain.