Interesting to find the statistical research revealing that in this “Bull Market” people are exiting in massive numbers; leaving what is mostly institutional investors (who are paid to man their trade-desks) alongside HFT computer algorithms… Easy money for sure but a rigged market never the less. ~Ron
Equity ownership peaked at around 64% of the total global market portfolio in 1968 and again in 1999, near the top of two great secular bull markets.
Yet it never exceeded 53% during the mid-2000s cyclical bull market. To me, 2011-2012’s low numbers show that, though the S&P 500 and other indices are hitting all-time highs, investor confidence still hasn’t recovered from the dot.com bubble and the financial crisis.
As I wrote here late last year, surveys showed a steep decline in the percentage of Americans who said they owned stocks or stock mutual funds.
James joins Kerry Lutz on the Financial Survival Network to discuss his latest research, including a new report detailing the extent of central bank manipulation of the equities market. They also discuss gas pipelines in the news from Ukraine to South Stream and how pipelines in Europe, Central Asia and East Asia will be a key driver of global geopolitics in the coming years.
Financial Survival Network
The 52% who own stocks continues trend of sub-60% readings seen since 2009