Market-Technicals

Financial Market Analysis

By Shawn R. Carpenter

Monday, April 10, 2006
  Money Market Flows
Recent money management values are suggesting that money is not being put to work in equities. Around $21 billion has been moved into money market accounts in the past 4 weeks,according to a report from Investment Company Institute. (Double click on the title of this post to see the actual data from the ICI.org webpage.)

Amount of fund in money market account for the week ending:

3/15/06 - $2.04 Trillion
3/22/06 - $2.056 Trillion
3/29/06 - $2.056 Trillion
4/05/06 - $2.061 Trillion

What does this mean? It means that the lagging money managers have realized the dire shape of the current economy and financial markets. By placing money into money-market funds, they are buying tickets on the sidelines of this game and will watch to see what the next play is. More money coming into these accounts will only confirm the current bearish sentiment that the markets are going through.
 
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Market-Technicals is a Financial Market Trend and Research blog. Mainly utilizing technical analysis, the research composed is designed to capture market timing techniques, understanding how economic and political forces shape the market, and give speculation as to where the financial market is headed. Encompasing equities, index, sector, ETFs, commodities, and bonds; the expectations are to shed some light as to what "smart money" is thinking.
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