(Marketwatch) Individual investors have stopped panicking, and they may even start putting their money to work, according to an analysis by JPMorgan Chase & Co. strategists. Over the past four weeks of market mayhem, taking stocks DJIA, +7.73% SPX, +7.03% from all-time highs to a bear market in record time, retail investors weren’t responsible for the first leg down, but “they did amplify the down move in risky markets during the last two weeks of the corrections,” the J.P. Morgan team wrote.
Individual investors have $1.5 trillion of cash on the sidelines, J.P. Morgan says. What next?
This entry was posted in Syndicated. Bookmark the permalink.
