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Stocks: See This "Stunning" Development with Money Managers

Novices are not the only group of investors who follow the crowd

by Bob Stokes
Updated: October 13, 2017

A group of stock market bears has just done an about-face. One of EWI's analysts describes the switch as "stunning." A chart helps to explain.

 

How do most investors cope with stock market uncertainty?

They do what they've ALWAYS done: Look to others for clues as to what to do next. In other words, they HERD.

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