Flight to safe MMFs expected in risky 2017

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Flight to safe MMFs expected in risky 2017

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Pelican migration at Viker lookout, Israel | Lev.Tsimbler@gmail.com/LevT - Fotolia

With hotly contested elections approaching in France, the Netherlands and Germany, 2017 is expected to be rife with political risk. So skittish investors, wary of committing funds for long periods, will pump cash into money market funds, says a Moody’s report.

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