Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., March 17, 2020.

Lucas Jackson/Reuters

Investors are sitting on a $2 trillion cash pile, but they should wait before investing it in stocks.Bank of America said "timing is everything" and investors will see stock buying opportunities in early 2023."History reveals superlative returns after the last Fed hike," Bank of America said. 

Investors have built up a $1.9 trillion cash pile since...

Continue Reading Here's the 2023 playbook stock market investors should follow as they sit on a $2 trillion cash pile, according to Bank of America