Retail investors are buying the dip and providing more exit money to the smart investors. The market internals gave this away in more ways that one.
Members are asking a lot of questions:
When to get back in?
What about the International Fund (I fund) now?
Much low will this market go?
Understanding the history of previous market cycles helps answer some of the questions. Understanding the extreme monetary policy of the last 15 years is critical. Understanding what the new administration is planning is surprising.
Invest smart,
Michael Bond
Categories: Perspectives, TSP Charts