BNB$676.86-1.31%BRENT$88.41+0.65%BTC$77,711-1.93%COPPER$6.57-0.52%DJI$53,591+0.24%DOGE$0.0841-1.44%DXY99.17+0.00%ETH$2,396-1.99%GOLD$4,594+0.01%NDX$29,556+1.13%SILVER$68.68+0.86%SOL$91.24-2.07%SPX$7,723+0.61%US10Y4.65-0.24%VIX14.52-4.54%BNB$676.86-1.31%BRENT$88.41+0.65%BTC$77,711-1.93%COPPER$6.57-0.52%DJI$53,591+0.24%DOGE$0.0841-1.44%DXY99.17+0.00%ETH$2,396-1.99%GOLD$4,594+0.01%NDX$29,556+1.13%SILVER$68.68+0.86%SOL$91.24-2.07%SPX$7,723+0.61%US10Y4.65-0.24%VIX14.52-4.54%
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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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