The first quarter in markets was one for the record books.
At the start of the year, investors unexpectedly scrambled back into the speculative stocks that were hammered in 2022 when the Federal Reserve started raising interest rates. The period ended with a mad dash out of the banking system that few could have foreseen just weeks earlier.
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Source: https://www.wsj.com/articles/investors-seek-safety-in-tech-stocks-money-market-funds-a303816f?siteid=yhoof2&yptr=yahoo