Exactly what I have been saying so far… too much cash on the sidelines, whether it’s on the corporate side or individual balance sheets. That cash is going to work in the asset class that has the confidence of the maret — stocks. Witness the action of Berkshire which just did its own brand of investing – using cash to buy Heinz. Funds and retail doing the same thing in their backyards.
Rotation Into Stocks Coming from Cash, Not Bonds, So Far – Income Investing – Barrons.com