adAstra

High Cash Levels and Your Portfolio

It might be time to buy, but I get the feeling that we're still a few months off.

One useful fact that wasn't mentioned was the average peak cash %. From the two examples given, we're not even at the mean yet so more cash will probably be pulled out.

Additionally, given the significant debt levels in the US, I would argue that we are more likely to overshoot the average peak cash than undershoot. People will need cash to pay off their debts, to pay their mortgages, etc.