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January 15, 2019

Cash rules again as stocks, bonds waver

  • The steadiness of cash can be a comfort when markets are heaving, but it has its own risks: being too conservative.
    • By STAN CHOE
    AP Business Writer

    NEW YORK — Suddenly, cash is king again.

    For years, cash languished at the bottom of the investment rankings, weighed down by nearly non-existent interest rates. But with the Federal Reserve raising short-term rates four times last year, money-market funds and online savings accounts began paying interest that came close to approaching inflation.


     
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