Publication: New York Times
Author: Diana Henriques
4/06/2013 —This is the kind of market that makes cautious investors long for the comfort of cash.
Stocks? They seem a little frothy. Bonds? Ugh — low rates, inflation worries. Real estate? Still a hard sell.
For decades, investors have waited out financial fogs like these in the haven of money market mutual funds. Unfortunately, the outlook for money funds themselves is just as obscure these days.
Read the full article, Money Funds, Waiting for the Fog to Lift, on the New York Times website.