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Big wealth investors are likely to put money to work in stocks after amassing record levels of cash
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cnbc.comIn this article
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Hundreds of billions of dollars in cash have been amassed by big investors in the last few weeks of 2021, setting the stage for a massive risk-on move into equities in the new year.
Investors added more than $43 billion into money market funds last week, bringing the total amount of cash raised in the past seven weeks to a massive $226 billion, according data from Goldman Sachs. The money market stockpile has not declined in 2021 despite the rally in stocks, with assets under management in cash equivalents standing near a record $4.7 trillion, the data showed.
«My core thesis is that money will come out of negative real yielding cash and out of bonds
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