Investors withdraw from equities to favour cash
… but the case for US stocks “is as strong as it has ever been” MAGA: Make America Great Again – or alternative tech acronym? Where to invest next – Emerging Markets?
For the first time since 2008, cash is returning something – not much in sterling terms (typically up to 1.30%) but sufficient to make investors question whether they should bank profits and place at least some of their portfolio on the sidelines in cash.
UK cash returns are insufficient to keep up with 2.5% inflation but US dollar investors have a slightly greater incentive to hold cash, deposit accounts for the greenback typically offering up to 2.5%.
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