One aspect of the 2007-2009 financial panic was a run on some money market mutual funds (MMMFs).

Question:

One aspect of the 2007-2009 financial panic was a run on some money market (MMMFs). Plot weekly data for 2008 on institutional MMMF deposits (FRED code: WIMFSL) and identify the timing of the run visually. Next, download the data, and report the size of the deposit outflow in the week that the run peaked. Why did this run end?

Mutual Funds
Mutual funds are like a pool of funds gathered by different small investors that have simalar investment perspective about returns on their investments. These funds are managed by professional investment managers who act smartly on behalf of the...