
Asset Allocation
The ‘Dumb Money’ Tops the Sophisticates in the Market, BofA Says
Retail investors are still buying the dips, and that has been a winning strategy, the firm finds.
Retail investors are still buying the dips, and that has been a winning strategy, the firm finds.
Investors’ habit of bagging stocks during temporary slips could be going away, El-Erian warns.
Undeterred by the wild stock market, he is venturing into the battered energy sector.