Retail investors have been stocks buying at a historic pace:
Retail investors’ equity ETF net inflows have reached ~$122 billion year-to-date.
Since mid-March, individual investors' inflows have DOUBLED despite the market sell-off, according to Goldman Sachs.
On the other… pic.twitter.com/W8uC6VZDkY
— The Kobeissi Letter (@KobeissiLetter) May 19, 2025
Fund managers are the most underweight equities in years. pic.twitter.com/882Me3raSN
— Bob Elliott (@BobEUnlimited) May 19, 2025