Investors Pulled Record $240B from Stocks Despite Rally, Fueling Concerns of Missing Out on Further Gains
• Despite 30% S&P rally since Oct, investors pulled $240B from stocks
• Investors put $107B in bonds and $1.1 trillion in money markets
• Suggests investors sold at wrong time, fuel for FOMO rally - Tom Lee
• Biggest 2-week equity inflow since Feb shows rally may be starting
• Record $5.7T in money markets could fuel more gains if deployed to stocks