Cash is king

Business  Insider: There's a lot to be nervous about in the investing world right now.
Brexit. China's economy slowing. The US presidential election. Record-low bond yields. Stocks looking wobbly at record highs.
And in response to all of this uncertainty, investors have ramped up their holdings of good old fashioned cash.
According to Bank of America Merrill Lynch's latest fund manager survey, investors surveyed by the firm now have 5.7% of their net holdings in cash, the highest percentage since November 2001.

US economy is slowing