Money market funds are usually seen as safe and rather boring. But these are now a destabilising factor in markets as they absorb cash from bank deposits. This in turn has caused a shortage of safe things to buy. Combined with the risk of a US default, money markets are now a powder keg rather than a safe haven. In this video, I show you what the problems are and look at different scenarios to see how this could play out.
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All information is given for educational purposes and is not financial advice. Ramin does not provide recommendations and is not responsible for investment actions taken by viewers. Figures that are quoted refer to the past and past performance is not a reliable indicator of future results.