Professional Managers Raise Cash

January 25, 2008 at 1:26 pm  ·  Category: Sentiment Analysis

Institutional money market funds increased their balances by $52 billion in the week ended Wednesday to $2.055 trillion (Investment Company Institute Press Release).

That’s like a 2.6% increase in cash balances which is one of the largest I’ve seen.

Posted by Greg Feirman  ·  Trackback URL  ·  Link