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The Myth of Cash on the Sidelines
Commentary January 02, 2025 at 05:54 PM
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What You Need To Know
- Speculation abounds that much of the nearly $7 trillion currently held in money market accounts will flow into stocks as interest rates fall.
- But investors will probably just park much of that cash in long-term bonds — or keep it in the bank.
- Investment strategies should be based on fundamentals, like earnings projections.
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