I'll be candid:
The end of the year #marketrally took the gloss off my Xmas, as many of the active strategies on TPP had taken a short sell position in global stocks in anticipation of a pullback.....
However, is it me- or is #sentiment reversing?
Was the optimism just for Christmas?
For the whole of 2023 (despite the year end rally), investors withdrew a net £1.24bn from equity funds.
I wonder what that figure will look like in H1 of 2024 if we witness a large retracement?
Read more about the market flows of 2023 within the article.
Was the market optimism just for Christmas?
lc
Jan 17, 2024
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