And What Will Soon Be The Scariest Chart: Presenting Record Low Mutual Fund Cash Levels
Here is a chart of what could well be the biggest concern for the market, and one we have been highlights for a long time: mutual fund cash levels, which as ICI indicates were 3.4% in June, is the lowest ever. A 4% drop in the absolute value of mutual fund investments, effectively wipes out the capital buffer of most. Enter liquidations.
Chart courtesy of Roy Ashworth
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