Cash rethink energises asset markets
High interest rates made cash attractive, until stocks took off

High interest rates made cash attractive, until stocks took off
As interest rates jumped, cash ruled for a lot of investors. The payment for doing absolutely nothing – in the form of money market funds and other interest-bearing instruments – was the highest in decades. But that may be changing as equity markets outperform and the soft landing feels more like a reality. Today on the show, we re-evaluate sitting on the sidelines. Also we go long hairstyles in Taiwan and short the Big Tech stocks.
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Read a transcript of this episode on FT.com
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