Who know how long this will last.
But it is fact right now.
As the market outlook gets gloomier and gloomier investors (especially retail) is flocking toward household name stocks.
The bifurcation is quite significant.
Yeah umm,
there is the bifurcation thing (the money NOT leaving the market but instead heading into a few “trustworthy” stocks)
and then there is also this thing with banks today
Hah. I’m still holding on to my framed shares of Washington Mutual, waiting for them to come back around. In the mean time they make a great wall decoration in my office.
(History repeats. And this cycle isn’t finished.)
WAshington Mutual, yeah:
I don’t know this guy (below) but I believe his chart is accurate and see no reason to doubt it.