I've always thought the cash on the sidelines was an overblown statement, but Morgan Stanley has much better knowledge of this stuff than me.
https://www.marketwatch.com/story/th..._click_seemore“The idea that there is ‘cash on the sidelines’ has been popular theme over the last several years, but not always accurate,” the Morgan Stanley strategists say, pointing to two bear markets in the last 24 months and some of the most disorderly cross-asset price action in recorded history. “But now it might.”
Bookmarks