From Bloomberg and the Financial Times (below).
This contrast also involves the notable decline in the VIX, often referred to as investors’ fear index, at a time of fluid fundamentals and multiple warnings from Wall Street analysts. It illustrates the current strength of “technicals,” a catch-all flow/positioning concept.
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Cash is back! The latest cover of Business Week.
(Note that, with such persistently high inflation however, the real return on cash is lower than when, a few years ago, the common narrative was "cash is trash." Indeed, the excitement about cash is more about nominal illusion and anxiety about stocks and longer-duration bonds.)
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