Cash Levels Near Multi-Decade Highs

JC Parets
March 16, 2022

Very high cash levels are a good thing.

Investors being scared to death is historically a net positive for stocks, not a negative.

According to BofA's Fund Manager Survey, we're near multi-decade highs for cash levels.

Take a look at those dates:

If you were a buyer at those extremes, you were rewarded handsomely.

If you sold into the hole each of those times, you probably didn't do too well....

Heavy cash positions are fuel for a bull market.

That's the money that ends up chasing into the end of cycles. They're parked in cash near the beginning of cycles.

That's just the circle of life.

It's a beautiful thing.

Don't hate. Embrace it.

Premium Members check out the stocks were buying here.

And if you haven't registered for Monday's Live Mid-Month Conference Call, you can find those details here.

JC

 

 

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