Archive for May 5th, 2009

Cash overtakes Stocks

For the first time in two decades, investors are holding more money in cash than in stocks!

Investors are holding 45 percent of assets in cash and 41 percent in equity. This contrasts the averages of 25 percent and 60 percent, respectively. Economists claim that investors have enough money sitting in the sidelines to invest into the stock market to cause a “snapback” or “bounce” that will stabilize market prices.

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