Retail Money Funds Vs $SPX
Retail funds are investment funds intended for REGULAR investors, like ETFS and mutual funds. Looking back, we see that it lagged but followed price during the dot com crash and GFC. In may 2020, it began to rollover. It has diverged from price ever since, after making a slightly higher high over the previous 2 events. It appears retail investors do not trust this market.
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