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Pastimes : All Clowns Must Be Destroyed
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To: AllansAlias who wrote (35607)5/25/2000 1:07:00 PM
From: KyrosL  Read Replies (3) of 42523
 
Total US market cap is around $17 billion. $1.7 billion (or 10%) is in Money Market funds. It is quite a stretch to call these "money in the sidelines", especially given short term returns of close to 6.5%. Money market funds have fluctuated around 10% of stock market cap for the last couple of years. I expect the percentage to rise substantially, as the bubble deflates.
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