Recent Moves by LGIP and Money Fund Managers Support View that Fed is Nearly Done Tightening
Money market fund and local government investment pool managers have been re- positioning portfolios on the assumption that the Federal Reserve is near the end of its tightening cycle. The moves have taken place incrementally over the past several months as the “nearly done” mantra suffused the market.
Beyond the News: Issue #1
Beyond the News this week covers bank regulations, the status of the SEC’s Money Market Reform proposal and a quick comment on Crypto.