Money markets - Thomson 158 Reuters https://thomson158reuters.servehalflife.com Latest News Updates Mon, 30 Sep 2024 19:01:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 This is the cost of carrying too much cash, according to Wells Fargo https://thomson158reuters.servehalflife.com/this-is-the-cost-of-carrying-too-much-cash-according-to-wells-fargo/ https://thomson158reuters.servehalflife.com/this-is-the-cost-of-carrying-too-much-cash-according-to-wells-fargo/#respond Mon, 30 Sep 2024 19:01:23 +0000 https://thomson158reuters.servehalflife.com/this-is-the-cost-of-carrying-too-much-cash-according-to-wells-fargo/ Americans’ love affair with cash may be costing them in the long run, according to Wells Fargo. The bank believes “the time may have come” to start pulling money out of cash vehicles like money markets, high-yield savings accounts and other short-term instruments. A record $6.42 trillion is sitting in money market funds, as of […]

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The post This is the cost of carrying too much cash, according to Wells Fargo first appeared on Thomson 158 Reuters.

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