We hear that every week. “There’s still a ton of cash on the sidelines. We’ve got to see some of that cash on the sidelines to come in”……..but have you ever asked yourself if it’s true? This from an Annaly Capital blog makes me believe there has been cash coming in from the sidelines. Yes it decreased dramatically with the overall market selloff but it was always there. The problem becomes once you consider inflation adjustments and massive write-down, the picture becomes somewhat skewed. So what’s a better way to judge?