‘A Lot of Very Young People’ Are Going to Buy the Dip in Stocks
- Every dip has been bought and immediately paid off: Frederick
- ETFs on pace for record year, with $486 billion added in 2021
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Someday, the post-pandemic equities rally is going to end. When it does it will take a lot of newly christened stock bulls with it.
Their refusal to bend has been the signature fact of the stock market for at least 12 months, putting a floor under four other selloffs in 2021 alone that look just like the one that has sheared almost 3% off the S&P 500 Index since Thursday. Whether the devotion of retail investors is enough to turn the tide again is the biggest question in markets right now.