they are...money is moving from money market funds into bonds 60% and 40% into equities....1/3 into etf's 1/3 into emerging markets 1/3 into all other. There's still 3+ Trillion in money market funds....they dropping by an average of 3billion a week avg....money is also coming in from working persons who are continuing to fund their 401k's.....so this can go on from some time....unless there is a major game changer. Z
btw: I've posted the inflows every week...for months.
we are watching a historic event of the Fed overcoming a historic economic crisis by even more historic deficit spending approach, never happened before, just madness
Can't believe this works and leads to anything useful because otherwise any economic crisis could be resolved easily and would not be even possible
we will regret this clueless action soon and I don't mean the stock market alone
this whole process illustrates how dominant Wall Street has become, ironically even more dominant by this 2007-2008 credit crunch