RT MJ One
Re @DougKass @FrankCNBC @fundstrat “$7T in Cash Reserves just waiting on the sidelines” has been the WMD of financial markets for the past 5yrs …and counting 😉
The author expresses skepticism toward the recurring bullish narrative that '$7 trillion in cash on the sidelines' will drive the market higher, sarcastically referring to it as a 'Weapon of Mass Destruction' of financial markets over the past five years.
关键要点
Mocks the popular talking point regarding $7 trillion in sidelined cash waiting to enter the market.
Suggests this narrative has been misleading or destructive ('WMD') for investors over the past five years.