“Sitting on the sidelines.”
That’s how some financial experts have described the $6 trillion in cash that, reportedly, is currently sitting in money market accounts.
Thanks to spiking inflation and high interest rates, money market funds right now are offering investors an irresistible mix of strong yields and financial security. How long could this trend last, what’s the impact and opportunity cost of so much cash being kept out of the market, and what could …
