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 Fed Warns on Money Market

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Thump

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Posts : 2724
Join date : 2008-05-13
Location : Central Florida

PostSubject: Fed Warns on Money Market   Tue Feb 24, 2015 4:11 pm

Fed Flags Concerns About Mutual Funds, Exchange-Traded Funds
LINK

"The Federal Reserve is worried money-market mutual funds and
exchange-traded funds could be vulnerable to investor runs in
times of financial strain, the central bank said in a monetary
policy report released Tuesday."

Got a lot of money there.  I should change that, money marktet
funds aren't paying anything anyway.
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rockhump

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Posts : 1540
Join date : 2008-05-16

PostSubject: Re: Fed Warns on Money Market   Wed Feb 25, 2015 6:40 am

Hmmm. Not sure I fully understand that. Isn't everything vulnerable to investor runs in times of financial strain? We have some money on the sideline and a good portion in ETF's. They didn't call out mutual funds specifically although they are similar to ETF's?

I know one thing, those two guys are the ugliest rascals I've ever seen!
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