‼️🇺🇸 Just a couple weeks ago, #money market funds hit a record high balance of $5.5 trillion.

Now, cash parked in money market funds fell for the first time since the regional banking #crisis .

On top of this, fund managers cut cash holdings to 5.1% of their portfolios in June, lowest since January 2022.

It appears that #capital is rotating back into stocks as we push new 52-week highs.

The question becomes, is this FOMO buying or the start of a new bull market? 👀

Another factor is #AI hype which is driving tech higher.

Fund managers don’t want to miss to AI trend.

On top of this, dips are being bought in equities and risk appetite is strong.

This should get interesting.

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