Retail investors have 'rage sold' out of the stock market after driving the pandemic-era trading boom just 2 years ago
Retail investors hate the stock market right now, and they've sold all of the stocks they bought during theGoldman Sachs
"After a buying frenzy during the pandemic, we estimate retail investors started to sell stocks in February 2022. Selling continued until they sold all of their pandemic-acquiredsingle stocks as of November 2022. The selling intensified in early 2023, and we estimate retail investors have now sold more than twice what they acquired during the pandemic," Goldman Sachs analyst John Marshall said in a Monday note.
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