On August 5, the Tokyo Stock Exchange experienced a significant 'flash crash,' resulting in a decline of 4,451.28 points in the Nikkei index. This event has been reminiscent for Bank of Japan Governor Kazuo Ueda, who has observed markets being affected by poorly timed policy decisions in the past. Meanwhile, in the United States, money-market assets reached a record high of $6.26 trillion as of August 28, according to the Investment Company Institute (ICI). The US money-market fund industry attracted approximately $127 billion in new cash during August, as investors sought to capitalize on high yields prior to anticipated interest rate cuts by the Federal Reserve. Analysts suggest that despite the looming rate cuts, cash-like funds have seen significant inflows, marking August as the largest month for new investments this year. In Japan, following a recent interest rate hike by the Bank of Japan, major market benchmarks have rebounded from their lows, although they have not yet returned to the levels seen in late July.