While the SP 500 “pass the bag to the innocent bagholders” show continues, have a peak at this (borrowed) chart of what “institutional investors” have been doing all the while.
You know “institutional investors” like your bank, your brokerage firm, your investment advisor – you know…..those guys you can really count on to let you know what’s up – and how you should be investing.
Think anybody’s sneaking out the back door on this last “SP 500 pump job”?
Oh right….he’s your broker, ya ya….your banker right right…….
Who do you “think” institutional investors are pal?
– I don’t want to hear it.