Cash Level Of Equity Funds Lowest Since Jan ’08 Peak, Is The Liquidity Tap Drying Out?

Many believe October to be a cruel month for stocks as many of the biggest crash have happened in October only and by the end of this month we would come to know amount of redemption pressure on hedge funds industry as Sep 30 was deadline for them, this is the reason why we saw accentuated selling last October also. Not necessary that it will be repeated, but worth a caution! If new money is hard...