Home Forums Hunting & Shooting Hunter's Campfire More money put into stocks the last 5 months than

The last 12 years

The latest wave of market enthusiasm has brought with it a stunning rush of money, in which more of investors’ cash has gone to stock-based funds in the last five months than the previous 12 years combined.

That statistic, from Bank of America, reflects a period in which the Dow Jones Industrial Average has risen more than 26%.

At the same time, the market has undergone some wild trends that included a massive influx to meme stocks such as GameStop and AMC Entertainment Holdings. Trading volume rose 40% in the first quarter from the previous three months, with investors snapping up sectors that performed poorly last year amid hopes for a pronounced economic rebound from the Covid-induced slide in 2020.

Amid the frenzy, some $569 billion has gone to global equity funds since November, compared with $452 billion in the previous 12 years that go back to the beginning of the longest bull market run in history, according to Bank of America’s chief investment strategist, Michael Hartnett.

https://www.cnbc.com/2021/04/09/inv...than-the-previous-12-years-combined.html



This pig is fat and ready for slaughter.

Naturally. The feds are making the dollar worth less by creating trillions out of thin air to spend with the friends of politicians. Since they owe trillions more, the interest rate on savings is held near zero. The stock market is one place left to try and get some gain from investments, adn all that money going there drives the market up and up.

That's where s good part of the covid 19 money has gone.

I put the stimies into my/my wifes Roth IRA.

Sure. Nothing else to spend it on other than home improvement. No entertainment to buy, no travel. Who needs to spend on clothes/fashion when restauranst were closed and there are no public events and everybody wears masks. Elective surgeries were cancelled.

I saw something similar to this in another thread. What is going on here?

And they say no one rings a bell at the top. Historically this would be one.