Submitted by Anonymous on Fri, 06/19/2009 - 14:51
Assets in money market funds fell $72.85 billion in the latest week in the biggest pullback since September 2008. Cash has been parked in money funds as stocks fell, but the recent rally has money returning to stocks. Total assets in money market funds stands at $3.68 trillion. There's still plenty of cash on the sidelines that could fuel a big move up in stocks if signs of economic recovery continue.
Tim
