How a Real Bear Market Will Play Tricks on You
If you think the extraordinary volatility in markets has started to put ordinary investors off the US market, you're wrong.
Retail investors in the US bought $40 billion worth of domestic stocks in April. UK investors were keen, too. According to fund data group Calastone, they bought another £1.5 billion ($2 billion). Odds are they are pretty pleased with their purchases so far: the S&P 500 has almost entirely erased its losses since President Donald Trump's April 2 'reciprocal' tariff rollout, and as Money Distilled author John Stepek and I keep saying, if you hadn't looked at the market since Christmas, you would have no idea anything had happened at all.
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