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Investors are holding near-record levels of cash and may be poised to snap up stocks



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Dollar banknotes.Simpleimages | Moment | Getty ImagesInvestor cash holdings are near record highs, and that could be good news for stocks since there is a wall of money ready to come right back into the market.But the question is this: Will those investors return any time soon, especially with sentiment still so sour and stocks at risk of a major selloff?related investing newsTotal net assets in money market funds rose to $4.814 trillion in the week ended Jan. 4, according to the Investment Company Institute. That eclipses the prior peak of $4.79 trillion during May 2020, back in the earlier months of Covid-19.These sums include money market fund assets held by retail and institutional investors.The level of assets in these money market funds has come off the highs since the start of the year, but Wall Street has already noticed the cash pile.”It’s a mountain of money!” wrote Bank of America technical research strategist Stephen Suttmeier. “While this seems contrarian bullish, higher interest rates have made holding cash more attractive.”Staying in a holding pattern while earning incomeInvesto …

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