What bull market for stocks? Investors are still sitting on a record pile of cash.

Even with U.S. stocks in a new bull market, investors aren’t showing many signs of backing away from money-market funds and other cash-like investments offering yields of about 5%, the highest in about 15 years.

He expects the tally soon to eclipse $6 trillion and then to stay elevated, even though money-market assets already grew almost 18% in May from a year ago. “If you told me five years ago we were going to be getting 5% on cash, I’d call you crazy,” said Mike Reynolds, vice president of investment strategy at Glenmede. “We think we are still in a bear market [for stocks], and this is a shorter-term blip in a longer-term trend.”

“You get maximum bearishness near the bottom on the market and maximum bullishness at top of the market,” Rosen said. Tame T-bill deluge Money-market funds serve as a key cog in the financial plumbing of markets because they hold “cash-like” investments that quickly repay, including 1-month TMUBMUSD01M Treasury bills. The bill market includes securities that mature in 52-weeks or less.

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

Investors increasingly expect U.S. stock-market rally to continue as bears finally surrenderA roundup of recent surveys of individual and professional investors point to new optimism about the stock market.
منبع: MarketWatch - 🏆 3. / 97 ادامه مطلب »

U.S. stocks open higher as investors prepare for inflation data, Fed meeting this weekU.S. stocks opened modestly higher Monday, as investors prepare for a busy week on the economic calendar including the CPI and the Federal Reserve’s interest-rate decision. The Dow Jones Industrial Average was up 0.2% soon after the opening bell:
منبع: MarketWatch - 🏆 3. / 97 ادامه مطلب »

U.S. stocks extend rally; investors bet Fed will pause rate hikesU.S. stocks rallied on Monday, putting the S&P 500 within striking distance of its highest close since April 2022, and Oracle hit a record high ahead of quarterly results as investors awaited inflation data and the Federal Reserve's interest rate decision this week.
منبع: Reuters - 🏆 2. / 97 ادامه مطلب »