Commentary: Foremost expert gives a history lesson on economics

0 Mom and Pop Buying Stocks; 'Hot Money' Turning Cautious

But as money has been steadily moving into mutual funds this year, inflows into exchange-traded funds have faltered after a strong early-year showing. That could possibly be explained by the fact that ETFs often attract a hefty dose of “hot” money that
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Wall Street Journal (blog)

US Money Funds Raising Their European Bank Exposure, Says Fitch

U.S. prime money market funds increased their exposure to European banks in January to the highest level since the end of October 2011, Fitch Ratings said in a report Friday. The flows continue a trend that began in mid-2012 and underscores both the
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Commentary: Foremost expert gives a history lesson on economics

PITTSBURGH (MarketWatch) — It was a cloudy day in Pittsburgh, but light streamed through the tall windows of Professor Allan Meltzer's condominium overlooking Carnegie Mellon University, where he has taught economics for 56 years. At 85, Meltzer's
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