Weekly Market Recap – January 15, 2024

chart_of_the_week 01-15-2024

Over the past two years, the Federal Reserve’s aggressive monetary tightening lifted short-term interest rates to their
highest levels since the early 2000s. As a result, investors pounced on cash-like products for both safety and income
in 2023, pushing money market fund assets to a record high $5.98 trillion, and this number is still climbing.

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