Clearly many investors are tossing in the towel on stock markets.
Main Street investors haven’t really been involved with global stock markets for a long time unless they’ve just watched their retirement accounts.
Those accounts have grown over the past 7 years as their memories remain just too damn short. The markets have never been a money machine until central banks decided to manipulate prices higher. They did so until their Potemkin fantasy jig was up.
So now Central Banks from China, Japan, Europe, Fed and roulette online so forth having their “come- to- Jesus moment” (via the Urban Dictionary: “An epiphany in which one realizes