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Tue 7 Sep, 2010 07:14 am
Quote:Flows into mutual funds that specialize in American stocks were essentially flat for the week that ended on Wednesday, according to AMG Data Services. But investors put $36.2 billion into money market accounts, the largest weekly inflow this year. Investors often put cash into money market funds, which earn more than savings accounts, that they eventually plan to invest in the market.
I suppose "investors" and "they" both refer to "investors" who put the money first into money market funds, and the money eventually go into stock market via managers of funds. Am I right?
@fansy,
Yes in the context of this article. Investors might also use the money for other methods of investment, but this article is clearly discussing the money market funds in the context of managed funds.
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