Investors are increasing their cash holdings at the fastest pace in a decade, highlighting doubts about the durability of the stock market’s early 2019 rebound. Assets in money-market funds, which are generally used as a proxy for net new cash flows, have grown by more than $2 billion this month, according to Lipper data through Thursday. That comes on top of the $190 billion investors added to the funds in the final three months of last year, their biggest deposit since 2008.

Source: Wall Street Journal January 21, 2019 12:56 UTC