Sunday's New York Times features "This Flight to Safety Wasn't Supposed to Happen", which says, "When Treasury bonds are hotter than stocks, it's a sign that something is very wrong with the stock market.... People with cash in money market funds are getting a much, much lower yield than that -- only 0.07 percent annually for the largest funds, on average, according to Peter G. Crane, the president of Crane Data of Westborough, Mass. That's better than the 0.05 percent average of earlier this year -- but not enough to make a difference." Crane says, "It's still awfully close to zero. The amazing thing is that even at these rates, when you're getting virtually no return on your money at all, people are still moving cash into money market funds. It's sobering."

Email This Article




Use a comma or a semicolon to separate

captcha image

Daily Link Archive

2025 2024 2023
January December December
November November
October October
September September
August August
July July
June June
May May
April April
March March
February February
January January
2022 2021 2020
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2019 2018 2017
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2016 2015 2014
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2013 2012 2011
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2010 2009 2008
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2007 2006
December December
November November
October October
September September
August
July
June
May
April
March
February
January