• 4 minutes China 2019 - Orwell was 35 years out
  • 7 minutes Wonders of US Shale: US Shale Benefits: The U.S. leads global petroleum and natural gas production with record growth in 2018
  • 11 minutes Trump will capitulate on the trade war
  • 14 minutes Glory to Hong Kong
  • 5 hours Here's your favourite girl, Tom!
  • 6 hours China's Blueprint For Global Power
  • 5 hours Peaceful demonstration in Hong Kong again thwarted by brutality of police
  • 6 hours Brexit agreement
  • 10 hours Australian Hydroelectric Plant Cost Overruns
  • 14 hours Yesterday Angela Merkel stopped Trump technology war on China – the moral of the story is do not eavesdrop on ladies with high ethical standards
  • 13 hours IMO 2020:
  • 1 hour Nigeria Demands $62B from Oil Majors
  • 23 hours The Ultimate Heresy: Technology Can't Fix What's Broken
  • 6 hours 5 Tweets That Change The World?
  • 5 hours Bloomberg: shale slowing. Third wave of shale coming.
  • 1 hour ABC of Brexit, economy wise, where to find sites, links to articles ?
  • 8 hours The Problem Is The Economy, Not The Climate
How The California Blackouts Could Have Been Avoided

How The California Blackouts Could Have Been Avoided

The California electricity crisis left…

The Oil Stocks To Bet On In Times Of Uncertainty

The Oil Stocks To Bet On In Times Of Uncertainty

Crude oil’s volatility has wreaked…

Dollar Collapse

Dollar Collapse

DollarCollapse.com is managed by John Rubino, co-author, with GoldMoney’s James Turk, of The Collapse of the Dollar and How to Profit From It (Doubleday, 2007),…

More Info

The Fed Proposes Changes to the Money Market to Prevent Bank Runs

When investors decide to close out their riskier positions and move into “cash”, they don’t actually go to the bank and get a stack of twenties. Most just sell their stocks and let their broker sweep the proceeds into a money market fund which, they assume, is the same thing as cash because it holds high-quality short-term commercial paper that almost never defaults.

That pleasant assumption breaks down as soon as you look at a typical money market fund’s holdings and see that it owns, among other disturbing things, a lot of European bank debt.

But at least you can get your money out with a mouse click, right?

You can read the rest of the article here.



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play