Why I See Money Market Funds as Dividend Paying Stocks

Right now, with that uncertainty of where corporate profits are going to bottom and with the very high valuation in the stock market, I would prefer to remain out rather than in. Look at where Chinese and emerging market stocks are right now. You take pretty much India out of the equation, and that whole narrative about China and emerging markets has totally faded away. And it's probably a good time to get back into it, but that's another story.