Recently, when scanning through a financial news website, I noticed that about half of all the articles related to, in one way or another, the coming stock market fall. The not-so-subtle implication is that the market has nowhere to go but down.
A quick glance at equity mutual fund activity shows a huge increase this year. During the first half of 2013, investors added a net of $92 billion to stock funds. For context, during the same period in 2012, investors withdrew a net of $180 billion from equity funds. If “Mop and Pop” are back in the market, then it must be getting late. Right?