High dividend yield strategies are back in focus for wealth management funds, as the latest Fed minutes suggest rate cuts may not materialize until late Q But even if the act of investing, in Lynch’s view, remains largely unchanged, the Wall Street backdrop has shifted dramatically, and not only in the number of companies available for investment. “The market bottom in ’82 was 777” for the Dow industrials DJIA, he said. “So we’ve had an incredible market since ’82, [and] we’ve had 10 or 12 declines — maybe a few more.” Money market funds aim to invest in high-quality short-term securities that provide a high level of current income while maintaining liquidity and stability. The funds may invest in government securities as well as securities issued by U.S. and foreign entities. Municipal money market funds invest primarily in tax-exempt securities. Global geopolitical tensions have prompted certain wealth management funds to hedge their equity positions with gold and dollar index futures. Spot gold's current rally above $2,350/oz is seen as a key protective allocation.