Stat of the Day: Money Market Assets at Record Levels
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEivVrfAjZRt08EvaS0bzHBOQRf6TktIhXw2T5CYnk4RO9T4cu1sL5f2ouEngXnwCXcnvR3MRQ4VymGuF3uSrBdeORNwHubttXRnWUYiubJahij3GGdOXfqFJ0bcJOUka5NN1yXK8SUHrms/s320/Money+Market.bmp)
As of last week according to http://www.sentimentrader.com/, money market assets alone would amount to 27% of the value of the S&P500. This almost doubles the last housing crisis in the early '90s of 14%. It's also considerablely higher then the 22% reached after 9/11. In fact, after yesterdays historic drop we're likely over 30% now. All of these assets will have to leave the bomb shelter at some point.
Comments