Why Is Everyone Talking About "Cash Is King" Again?

With rising volatility across global markets and rate cut expectations getting pushed further out, it feels like we're back to the basics — liquidity, flexibility, and staying nimble.

Short-term T-bill yields are still hovering around 3.6–3.8% (SGD), and SGD fixed deposits are barely above that. So where can we park cash without locking it up?
If any others flexible options like tiger CBA？
What’s your go-to cash management setup these days? Are you leaning more defensive or still staying fully invested?