I'm not sure there is nothing to this theory, but it's definitely not as straightforward as it's presented here. Here's a decent article from last week that tal

I'm not sure there is nothing to this theory, but it's definitely not as straightforward as it's presented here. Here's a decent article from last week that talks about why "money on the sidelines" is a myth: https://realinvestmentadvice.com/money-market-cash-on-the-sidelines-a-myth-that-wont-die/ https://realinvestmentadvice.com/money-market-cash-on-the-si...