Question: Interpret the following statements made by Wall Street analysts and portfolio managers. a. Money markets are not used to get rich, but to avoid being
Interpret the following statements made by Wall Street analysts and portfolio managers.
a. "Money markets are not used to get rich, but to avoid being poor."
b. "Until conditions are more favorable, investors are staying on the sidelines."
c. "My portfolio is overinvested in stocks because of the low money market rates."
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