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Cory’s Chart Corner
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As per the historical script, we are in the distribution phase of the equity cycle and the bag holder is always the same, Mr. & Mrs. Retail. h/t @GlobalMktObserv
🔴Hedge funds are offloading Magnificent 7 stocks at an UNPRECEDENTED pace:
Hedge fund net exposure to the Mag 7 is down to ~17% of total North American net exposure, near the lowest in 3 years.
At the same time, the top-most purchased stocks by retail investors last week were
Daily Archives: April 4, 2022
60 Minutes: Corrupt money has infiltrated the economy
Illicit inflows have helped to inflate property bubbles globally, not just in Britain. Efforts to clamp down on it are a headwind for asset prices and the economic activity it has generated, especially in places like the U.K., Australia, Canada … Continue reading
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