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The past 2 years of easy monetary policy have unleashed a torrent of liquidity throughout the marketplace, and as we approach normalcy, or a perceived normalcy of interest rates over the next few years, perhaps that will tighten.
Investors should be prepared for small bouts of volatility which could persist not only in the broader marketplace but also within liquidity markets.
For short-term investors, this is especially poignant time to begin to evaluate the prospects of what's going to be changing in the landscape of cash management.