Total bond market: $38 trillion (Bloomberg/SIFMA
here)
Total stock market: $21 trillion (
Wilshire 5000 x 1.2)
MZM money stock:$12 trillion (StLouisFed
here)
That's 17% to cash, 30% to stocks, and 53% to bonds.
With stock and bond markets at all time highs, the country really ought to be raising cash.
