The Rising Influence of Rising Affluence

[10nisman]

<<< Stars aligning for a pivotal moment in the economy. There is a mountain of cash available to be redeployed into equities. >>>

You've been warning of a recession, and now you see mountains of cash to be redeployment into equities? Based on your current views, recession is likely coming.

The mountains of cash doesn't add up. Unless you're talking about private equity sitting on a couple trillion, the vast majority of cash that has been moved into money market funds wasn't from nor will ever see equity markets.