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This February, U.S. money market funds surged to a record high of approximately $8.25 trillion, and Warren Buffett left $381.7 billion in cash before retiring. The market was once widely rumored that super wealthy individuals were withdrawing from the stock market.
But now, in June, the story has reversed: the S&P 500 hit new highs, breaking 7,600 points for the first time on June 2, while the money market fund size retreated to $7.87 trillion on June 10, with money flowing back into the stock market.
The wealthiest people’s hedge, which was considered a safe haven, has now been proven wrong by the market.
$BTC These rich people aren’t being proven wrong; it’s that their capital size is so large that they must exit the market quickly while it’s still hot, or they won’t have time. The sharp decline in U.S. stocks in the second half of the year will prove these wealthy individuals’ foresight and wisdom.
$BTC $XAUUSD #我的Gate交易时刻