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2018-10-30

Cash is king again

Interest rates on two-year certificates of deposit have just cracked 3%

 U.S. stocks are at historically elevated levels when compared to, say, the size of the national economy, or the corporate earnings of the past decade

https://www.marketwatch.com/story/cash-is-king-again-but-is-that-also-a-sign-of-an-impending-recession-2018-10-29

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