Assets in Money Market Funds Hit New Record

$3.18 Trillion
(Click the chart below to view and download)

sidebar - RAWHAT IT IS
The amount of money held in U.S. money market mutual funds.

President Trump and China’s President Xi met over the weekend and agreed to restart trade talks, a positive for the markets. At home, the first Democratic presidential debate produced no clear winner.

U.S. markets (S&P 500 Index: -29bps) ended last week down slightly while international (MSCI EAFE Index: +59bps) and emerging markets (MSCI Emerging Markets Index: +15bps) were modestly positive. Investors mostly took a wait and see approach with an eye on the long-anticipated Trump-Xi meeting at the G20.

Assets in money market funds reached new highs, as measured by the Investment Company Institute. In spite of the strong start to the year on the part of equity markets, money still remains on the sidelines, providing potential support for equities.

The U.S. jobs report for June is due out on Friday (7/5), and China, Japan, and the U.S. will all have updated readings to the Purchasing Managers Index (PMI), providing some insight into the strength of manufacturing.

To Download a copy of this market summary click the button below. To Learn more about Horizon Notes or about Horizon and how we can empower you, contact us Today at 866.371.2399 EXT.202 or

Download our Market Summary
Share on twitter
Share on linkedin
Share on facebook
Share on email
You are now leaving this website to go to

Connect product to planning with the Horizon technology suite. Goals-based strategies, cutting edge software.

Explore mutual funds managed by Horizon Investments.