ETF
Money Market Funds/ETFs Gain More Than $286 Billion as Fearful Investors Pull Deposits out of Banks
ETFGoldman Sachs, JPMorgan Chase and Fidelity are the biggest beneficiaries of the change in investor behavior, which increased flight from bonds and deposits into U.S. money market funds over the past two weeks as the collapse of two regional U.S. banks and the Credit Suisse bailout raised concerns about the safety of bank deposits.
March 29, 2023
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