In all my time studying markets, I can’t recall a single instance when the split between “pros” and “retail” has ever been higher. What do I mean by that? Well, amongst the professionals who manage money for a living, there seems to be a universal bearishness regarding the outlook for the stock market in the coming months. But wait! I can hear the push-back already - there are plenty of bulls out there spouting their optimistic forecasts all over the financial news networks. And yes, that is correct. However, these are almost all perma-bulls. When Reformed Broker Josh Brown whispers sweet-nothings about stocks it means squat as he is
ONE GROUP WILL BE SPECTACULARLY WRONG
ONE GROUP WILL BE SPECTACULARLY WRONG
ONE GROUP WILL BE SPECTACULARLY WRONG
In all my time studying markets, I can’t recall a single instance when the split between “pros” and “retail” has ever been higher. What do I mean by that? Well, amongst the professionals who manage money for a living, there seems to be a universal bearishness regarding the outlook for the stock market in the coming months. But wait! I can hear the push-back already - there are plenty of bulls out there spouting their optimistic forecasts all over the financial news networks. And yes, that is correct. However, these are almost all perma-bulls. When Reformed Broker Josh Brown whispers sweet-nothings about stocks it means squat as he is