Despite warnings to “get out of cash,” investors flood money-market funds, reaching $6.42 trillion.

For all the cries to "get out of cash," investors are doing the opposite, still piling into money-market funds. Cash-like funds reported $121 billion of flows in the past week, the biggest flow since March 2023, bringing total assets to $6.42 trillion. t.co/crqbzAvkay pic.twitter.com/UN3bJjuwdW

— Lisa Abramowicz (@lisaabramowicz1) September 27, 2024