Money Fund AUM Swells Anew With Tax Season Over
With tax season out of the way (I forked over a Hublot Sang Bleu-size chunk this year because unlike America's centimillionaires and the billionaire class, I actually pay my fair share), it's time to start tracking weekly money market fund flows again.
Money fund AUM tends to be volatile around tax time, as corporates and individuals withdraw cash to pay their America club dues. Much as I despise my fellow members on some days, it's still the best club around in a lot of very important respects