Pre-financial-crisis money market funds that advertised risky short-term holdings as not risky all blew up in the crisis, so investors should ensure their fund holds only short-term US Treasuries.
factualpending
Speaker
Steve EismanEvidence Quote
“they advertised as being not risky and it all blew up in the financial crisis”
Source
Big Beautiful Bill, Write-Off Revolution & Tariff Tempest — The Friday Market Wrap!— Steve EismanCreated: 6/18/2026, 2:31:55 PM
My Notes
Loading notes...