The retail investor is always the last to know.
After a resounding quarter in the stock market, retail investors are flooding in. This is causing alarm even among the financial institutions who are seeing client cash balances at record lows.
Alarms are being sounded all over Wall Street. The mega banks are projecting a return of just 1.4% gain for the S&P in the 4th quarter.
Click on image to read full article.
The rest of the year as been pretty crap. I think most of us were looking forward to a good Q4 to get us out of low single digits on a diversified portfolio. That said, there may be alternatives other than the S&P for Q4.
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