Record $8.2 Trillion Sits in Money-Market Funds as Cash Yields Stay Above 4%

A record $8.2 trillion is now parked in money-market funds, with investors earning 4%+ to sit in cash even as stocks trade near record highs. The pile continues to grow.
That stockpile is viewed as fuel under every selloff. When the Fed cuts rates and the yield on cash disappears, this money is expected to go hunting for returns.