The DOW is down nearly 1,000 point, partially over inflation concerns (at least that's the way the media puts it). CNN ran an article that said in the month of May, a record amount of money went into money markets. The market averages 10% and a money market around 4%?
In the stock market you have dollars, and in a money market you have dollars. Both of which are worth less come inflation. Can someone explain the logic of this too me?
2006-06-14
08:44:21
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6 answers
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asked by
brianalan_7
2
in
Personal Finance