CASH (CASH)
Aug 16, 2026, 12:00 amThis summary was created by AI, based on 6 opinions in the last 12 months.
The experts discuss the current market conditions and the strategic importance of maintaining a cash position. With the potential for a recession and a market drawdown, some suggest increasing cash reserves, while others maintain a relatively low cash position, emphasizing the importance of breadth in the market. Cash is viewed as a double-edged sword—while it may seem unproductive to hold in inflationary times, it provides flexibility to invest when market conditions improve. The 'Bear-o-meter' is highlighted as a valuable tool for assessing risk, indicating that the market currently reflects a high-risk environment. Experts suggest a cautious approach and a focus on fundamentally sound investments as they navigate through the current market turbulence.
(A Top Pick June 12/17.) He is holding about 35% of his holdings in cash, which is a little on the high side.
Keith RichardsThere are overbought conditions on the NASDAQ, and there are diverging momentum indicators. The momentum is slowing down even though it is making new highs, and that is a danger signal. The 2 weakest months in the whole year are August and September. He is holding 35% in cash, which is above his historical average, because the leading sector, the FANGs, are so overbought.
Keith RichardsFor people who are comfortable Shorting, he would have no problem recommending Shorting a broader ETF of equity markets. Thinks we are in for about a 30% downdraft in equities over the next 12-18 months.
James HodginsHe is 36% cash. He is cautious. He does not sell everything, but he under weights stocks. He could get to 40% cash.
Keith Richards(A Top Pick Sept 6/16.) Currently he is very bearish, so is sitting with negative energy ETF’s and cash.
Josef SchachterThere is nothing wrong with raising a little bit of cash at this time. This will give you opportunities when other sectors do well in the summertime and you will be able to fund them.
Brooke Thackray
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It is reckless to not have some cash on the side. We know that in the summer and fall we have some kind of correction, and it is a good time to have some cash on the sidelines, ready to strike when the time is right.