When keeping it in cash is the dangerous option
Having a safe store of ready money is wise. But holding a significant proportion of assets in cash is a big long-term risk to savings
Related reading
We must be mindful of the risks of private credit
The sector remains untested in a severe or prolonged economic downturn
The liquidity curse for investors
Instant ability to trade tempts many to make bad decisions
The dangers of stablecoins
They are no substitute for money, even if usage is growing fast
Why the shift from savings glut to grab is good for investors
Countries and companies will need to compete for funds to meet their spending plans
Separating the signal from the noise in private credit
What matters most is how capital was deployed and underwritten
There is method in the market’s madness
But it relies on a host of rosy assumptions going in investors’ favour