Three Minute Trend Talk™ – Interest Rates on Tradable Money Markets Now at 15-Year Highs

As the Fed has raised rates, the interest paid on sweep money market funds has gone from next to nothing a year ago and to just under a half-percent per year right now. That’s a big move. But it’s nothing compared to the dramatic and relatively sudden increase in the rates on tradable money markets, which are now well above 4.0%.

Mark Scheffler, AIF®, hosts this Three Minute Trend Talk™, highlighting current investment and economic issues, clearTREND® recommendations for the positions used in all Appleton Group managed portfolios, global investment trends, and more (select 1080p HD for best resolution, 720p HD for slower connections).