Thursday, May 7, 2020

COVID-19 - How You'll Know When We're in the Clear (a financial indicator)

"It's called "retail money funds." And it tells us what mom-and-pop investors are doing with their money.

Retail money funds are basically money market funds. You use them to hold cash in an investment account. And on the whole, they tell us if folks are excited to own stocks, or if they're scared.

When mom-and-pop investors are scared, they hold more of their assets in cash, and retail money funds shoot higher. And as investors start to relax... so does the indicator.

This indicator is near an all-time high right now. Take a look..."
https://stansberryresearch.com/articles/how-youll-know-when-were-in-the-clear

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