Editor: Vladimir Bajic | Tactical Investor [color-box color=”blue”]
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Investors are panicking again; they withdrew a whopping $20.7 billion from hedge funds in the month June. This is one of the largest outflows from the Market since 2009, and it could also reflect a new trend where investors are sick of paying Jackasses, oops we mean experts to do nothing but sit on their fat asses, lose money and then have to pay these leeches a huge fee. The current data seems to support this assertion
Net flows to hedge funds for the 2nd quarter were almost negative $11 billion and for the first half of 2016, net flows were negative $30 billion. Clearly, a trend is in place; not only are experts losing money in the markets, but the crowd is also negative on this market as they simply don’t understand the main driving force behind this market. They do not see against such a terrible backdrop off events how this market continues to trend higher. Investor Anxiety; Rocket Fuel for Unloved Stock Market Bull
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