A Change in Sentiment?
In our last communication in August we explained how pessimism was driving major selling of stocks held by both individuals and pros alike. Nearly $1 trillion was shifted to cash in March and April which pushed total cash on the sideline to almost $5 trillion. Recent market trading may be signaling a change in investor sentiment. Retail investors have been buying individual stocks lately at a record pace. The lack of sports, concerts, and other activities due to the virus lockdowns have left plenty bored and looking for something to do. … [Read More...]
Times – They are A-Changing
“There’s a battle outside and it’s ragin’. It’ll soon shake your windows and rattle your walls, for the times, they are a-changin’!” These lyrics from the 1963 song recorded by Bob Dylan sum up the … [Read More...]
May 1, 2020 Lesjak Planning Perspective
Since our last communication in March which touched on the potential impact of positive news on equity markets, the U.S. financial markets have staged a dramatic recovery coinciding with the gradual … [Read More...]
