Why Money Market Funds Aren’t ‘Cash On The Sidelines’

This podcast episode provides an in-depth analysis of money market funds, highlighting their substantial $6.5 trillion holdings while dispelling the myth that they merely represent sidelined capital waiting for riskier investments. The discussion covers the evolving landscape of these funds post-COVID, the motivations of both institutional and retail investors, and the impact of rate cuts on yields, ultimately concluding that money market funds are unlikely to serve as a significant source of capital for riskier assets anytime soon.