As interest rates jumped, cash ruled for a lot of investors. The payment for doing absolutely nothing – in the form of money market funds and other interest-bearing instruments – was the highest in decades. But that may be changing as equity markets outperform and the soft landing feels more like a reality. Today on the show, we re-evaluate sitting on the sidelines. Also we go long hairstyles in Taiwan and short the Big Tech stocks.

For a free 30-day trial to the Unhedged newsletter go to:

Follow Ethan Wu (@ethanywu) and Katie Martin (@katie_martin_fx) on X. You can email Ethan at

Read a transcript of this episode on

View our accessibility guide.

Copyright The Financial Times Limited 2024. All rights reserved.
Reuse this content (opens in new window) CommentsJump to comments section

Follow the topics in this audio


Comments have not been enabled for this article.