Biggest Withdrawals On Record
There is a lot of relevant information in the text below from a Wall Street Journal article dated December 8, 2019:
Investors have pulled $135.5 billion from U.S. stock-focused mutual funds and exchange-traded funds so far this year, the biggest withdrawals on record, according to data provider Refinitiv Lipper, which tracked the data going back to 1992.
Does 2019 Look Anything Like Dot-Com Bust Peak?
Given we know that extreme sentiment can be a powerful contrary indicator, we would expect exuberant investors to rush into stock-based investments near a major stock