Retail and institutional investors hold $7.6 trillion in cash, but won’t dump into Wall Street

There’s now over $7. 6 trillion just sitting in money market funds, doing absolutely nothing flashy. That’s the highest on record, according to Crane Data, and most of this cash isn’t under mattresses or stuffed in sock drawers, but sitting in accounts earning around 4. 3% thanks to the Federal Reserve’s interest rate hikes. That yield has […] source: https://www.cryptopolitan.com/retail-institutional-investors-7-6t-in-cash/