Cash For Haters

If you "hate" stocks, you'll love cash. Admittedly, this story feels a bit tired, but I try to remind myself that USD cash yielding 5% is a phenomenon unknown to an entire generation of market participants, some of whom are by now old enough to manage other people's money. That latter bit is still a bit unnerving. Every day, scores of young money managers with a responsibility to shepherd large sums of capital that isn't theirs, are staring at something they've never seen before -- namely, an