Here’s why a $4.7 trillion record ‘wall of cash’ won’t power the stock market to new heights
2020-06-26
Don’t bet on a “wall of cash” to come streaming into the stock market. Equity analysts have touted the $4.7 trillion held in U.S. money-market funds as a proxy for the excess cash held by investors that might make its way into stocks. Some money managers say they have keptRead More →