BNB$713.32+0.02%BRENT$104.78-2.65%BTC$77,192-0.03%COPPER$6.46-0.14%DJI$52,064-0.60%DOGE$0.0839+0.24%DXY99.14+0.09%ETH$2,472+0.24%GOLD$4,345+0.64%NDX$29,104-1.08%SILVER$64.04+0.77%SOL$99.59-0.04%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.28-3.14%BNB$713.32+0.02%BRENT$104.78-2.65%BTC$77,192-0.03%COPPER$6.46-0.14%DJI$52,064-0.60%DOGE$0.0839+0.24%DXY99.14+0.09%ETH$2,472+0.24%GOLD$4,345+0.64%NDX$29,104-1.08%SILVER$64.04+0.77%SOL$99.59-0.04%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.28-3.14%
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BofA's Savita Subramanian: Cash Erodes Purchasing Power

Key takeaways

  • BofA's Savita Subramanian cautions investors that holding cash may lead to a loss in purchasing power due to inflation, suggesting equities as a better option.
#Banking#Investing#Inflation

Analysis

BofA's Savita Subramanian cautions investors that holding cash may lead to a loss in purchasing power due to inflation, suggesting equities as a better option.

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