The Washington-based Investment Company Institute last week estimated U.S. equity and bond funds took in $37.5 billion in March, topping a January 1996 record of $32.4 billion. And in the
week ended April 15th, another $6.55 billion poured into equity
funds.
No doubt this has pushed the Dow above 9100. But let's get real.
Valuation is being ignored. It is time to ponder proper strategies
for a down market. Potential triggers, strategies, and specific
investments are all welcome subjects.
Good Investing,
Michael Burry |
