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B of A: “.. At the current monthly rundown pace, excess savings should continue to support consumer spending at least through the rest of 2024."
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Fund flows do not sound "risk-on" at all...
Money Market Funds have seen inflows of $163 billion over the first 2 weeks this year, the highest amount EVER 👇 Source: BofA, Win Smart
OpenAI CEO Sam Altman is not only one of the most powerful people in the world right now.
He's also one of the best angel investors and entrepreneurs. Source: CB Insights thru Linas Beliūnas
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