Recent data indicates a significant shift in investor behavior, with mutual fund cash levels dropping to a historic low of just 0.6% of assets under management (AUM), according to Bank of America. This trend reflects a broader trend of investors being fully committed to the stock market, as household ownership of stocks is at an all-time high compared to cash and hard assets. Meanwhile, total money market fund assets experienced a slight decline, falling by $2.2 billion to $6.51 trillion for the week ending October 30, as reported by the Investment Company Institute (ICI). Despite the decrease in money market fund assets, the overall cash levels in mutual funds remain near record lows, indicating a strong inclination among investors to remain invested in equities.