- Cash levels in the U.S. are extraordinarily high right now.
- Just focus on the 'cash' buildup and where it is likely to go next.
- Cash deposits: CDs, money market, etc. are not even keeping up with inflation.
- You, quite possibly, could miss the next big run for U.S. stocks as that cash gets invested.
UPDATE: Real-time 'cash' as % of GDP -- St. Louis Fed's M2/GDP.
Spoiler Alert: it's still higher today!