haven amazonberkshirejpmorgansoncnbc a Bloomberg article reported that The Federal Reserve Bank of Boston stated that a multimillion interest payment on money market funds is due at the end of September, and this could lead to panic selling in short term investments, such as money market funds. The markets have risen on good news, and the markets will draw down if investors lose money. The concern is that if money market funds try to sell out, they will drive rates higher, which will only lead to more selling. The anticipation of these money market funds selling out is what will drive the markets. If the market really fears a sell off, it will move on rumors alone, putting us into a panic.
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