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Cash holdings don't suggest a market turn

During good times, fund managers may decide to invest with a healthy cash pile, thus not necessarily signalling an impending crisis

IT may be common knowledge, but it's still worth repeating: After years of extremely accommodative monetary policy, there is ample liquidity supply seeking its way through the economic system. In fact, despite moves to tighten policy, the aggregated balance sheet of the G4 central banks will not...

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