Regarding the claim that a large amount of funds will flow from money market funds into the stock market, Goldman Sachs believes that although the size of money market assets continues to rise, American households have about $20 trillion in cash, which only accounts for about 15% of total household financial assets, consistent with the long-term average level. Historical rate-cutting cycles have not triggered large-scale capital outflows, so one should not overly expect the so-called "money funds" to enter the market.