Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
We will not know until later one but how often do we expect the funds to break the buck? A one cent drop is 1%. Compare that to a checking account that pays similar interest as the MM fund but with no share price to watch.
If other alternatives come out, then this could be the end of money market funds. They won't go away anytime soon but investors may choose to hold their money elsewhere.
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If other alternatives come out, then this could be the end of money market funds. They won't go away anytime soon but investors may choose to hold their money elsewhere.