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Investors are holding near-record levels of cash and may be poised to snap up stocks
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Investors are holding near-record levels of cash and may be poised to snap up stocks

January 21st, 2023 Gold comments

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CNBC/Patti Domm/1-18-2023

cartoon image of gold piggy bank by Ed Stein“strategists say investors may hold back from putting more money into stocks, since sentiment is sour and money markets are now generating more return than they have been in years.”

USAGOLD note: It’s been so long since investors have received a decent return on their money that they are mesmerized by its sudden materialization. Persistent inflation, though, will undermine those returns. Then some might find further diversification to be in their best interest.

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