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Kapito has pointed to the cash pile sitting in money markets before. In January, Kapito said he is eyeing the trillions of dollars of dormant investors’ cash that could soon be reallocated to bonds if interest rates fall. Much of the money-market cash could be shifted toward model portfolios and exchange-traded funds, he said at the time.
Investors are overlooking a key sector of the stock market. 3 reasons market pros see big upside in energy
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