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Jittery Investors Turn to Cash in Hunt for Yield

January 30, 2023

The result of red-hot inflation, higher interest rates, and worries about a potential recession have investors suddenly looking to increase cash allocations. LVW Advisors Co-Chief Investment Officer Joe Zappia notes that some clients should consider allocating more of their money to cash, while yield is “being handed to us in the form of the safest asset in the world.”

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