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Lipper: Despite Stellar Equity Returns, Some Investors Are Turning To Money Market Funds

TedTed
in The Bullpen
FYI: Investors pushed the S&P 500, the Russell 2000, and the NASDAQ Composite to new all-time highs after Adobe Analytics showed online shoppers had spent $1.52 billion on Thanksgiving Day and with pre-holiday sales data hinting at a firm 18% year-over-year growth in November sales. However, many investors chose to sit on the sidelines, with money market funds attracting some $42.5 billion year to date through the Lipper fund-flows week ended November 29, 2017.
Regards,
Ted
http://lipperalpha.financial.thomsonreuters.com/2017/12/despite-stellar-equity-returns-some-investors-are-turning-to-money-market-funds/?utm_source=Eloqua&utm_medium=email&utm_campaign=00008DM_NewsletterLipperAlphaInsightFundInsightsWeekly_Other&utm_content=Newsletters_FundsInsightWeekly_5DEC2017
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