Dry Powder: Where to Park Your Cash
Many Happy Returns
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Why Would We Hold Cash?
A lot of the central banks now expect inflation is going to come down a lot over the course of 2023. So, why would we hold cash then? If we haven't even got the chance to keep up with inflation,. at least not at the moment? And I think that's the key point, not at the present. At the moment, losing a little bit of money is preferable to losing a lot of money. Is that the kind of situation we're in? and if people are nervous, yeah, I think they're going to keep away from risky assets. They've just been bruised by a fairly brutal sell off in the U.S., but it's definitely a head
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