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Why retail investors are buying every dip in the stock market


Why retail investors are buying every dip in the stock market
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Last Updated: Jul 25, 2021, 12:26 PM IST
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Synopsis
Among all the economic stories of the pandemic, the one about money piling up in people’s accounts has been the most significant in the stock market. Money market accounts, viewed in some circles as a “dry powder” reserve for equity deployment, sit at just under $4.5 trillion.
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The unending appetite for stocks led equity ETFs to break their annual record in April, and the pace hasn’t slowed since.
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By Claire Ballentine
In the stock market, the refusal of retail investors to back down from every macro threat has become the only story. When will it end? Judging by the size of all the pools of cash lying around, it could be a while. ....

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