>Liquidity in the form of credit is buying a car at 1% apy, nothing to do with fund managers.

And i never said it did.

Interest rates on car loans doesn't really crash the market tho. Sure the demand drops in the short term but people will still need to drive.

It's always wise to use several pieces of data to form an analysis.

I'm just saying that the historical difference in the data im pointing to is far greater then the one you're pointing to.

It's just a regular market cycle, but the cash on hand money managers hold is something different imo.

Bonds yields are still at relatively low levela, especially seeing as the market recently made new 52week lows.

Remember TINA?