Stay in the market or go to CD's?

[A HERETIC I AM]

6. The answer to "Where are they putting it?"......Cash.

The selloff is just going to cash. Which means the big players are waiting for a bottom to grab bargains.

Fund manager sentiment has been highly correlated with the performance of the S&P 500. BofA analysts led by chief investment strategist Michael Hartnett said dimming views about American stocks have driven a "bull crash" in sentiment, but they indicated the speed and scale of the correction bodes well for the market going forward.

Money managers’ optimism has faded fast in the early days of Trump 2.0. Bank of America’s monthly global fund manager survey revealed sentiment nosedived in March, resulting in the second-worst plunge in global growth expectations and biggest drop in U.S. equity allocation since BofA began conducting the survey in 1994.

Respondents signaled their selling spree helped fuel the stock market’s recent correction as they parked their money on the sidelines—mirroring Warren Buffett’s record $334 billion cash pile.

https://www.yahoo.com/finance/news/growth-expectations-plummeted-global-fund-184101769.html