>>20527553>cash on the sidelinesnot really
mutual fund cash level is the lowest it's ever been
ratio of money markets vs. S&P cap is also low
sure there's nominally more cash but ratios are what matter
article is from February but given we've only rallied since I doubt the picture has changed much
https://advisoranalyst.com/2024/01/31/money-market-cash-on-the-sidelines-a-myth-that-wont-die.html/