2024-09-26 06:48
IndustryThe Tell A wave of retail investor cash may hit
Brokerages are sitting on something that could help fuel a rally in the stock market — piles of uninvested cash.
In a high-interest-rate environment, it pays for investors to keep extra cash on the sidelines. That cash can generate notable interest income when put into a high-yield savings account or CD.
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The Tell A wave of retail investor cash may hit
| 2024-09-26 06:48Brokerages are sitting on something that could help fuel a rally in the stock market — piles of uninvested cash.
In a high-interest-rate environment, it pays for investors to keep extra cash on the sidelines. That cash can generate notable interest income when put into a high-yield savings account or CD.
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