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September 11, 2024

How Many Rate Cuts are Already Priced In?

Hey, it’s Ross Givens here with the Chart of the Day. There’s currently $6.3 trillion sitting on the sidelines in money market funds – the highest we’ve seen in months. With risk appetite fading, it’s no surprise this pile of cash is growing. But here’s the key: when the Fed begins cutting rates and risk appetite returns, this cash could flood back into the markets fast. This surge could catch many off guard, but not those paying attention. Don’t be one of the surprised – be prepared.

September 11, 2024 No Comments

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