Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I reckon the average institutional investment board is in a bit of panic mode at the moment. Most were not silly enough to put their money into California’s specialist banks, but what they are not used to is a bit of normal volatility. The majority of institutional investors can handle geopolitical crises or an iffy corporate earnings season or even a standard recession, but when you get stuff happening in multiple different directions simultaneously too many react by doing nothing (other than moaning that this is really different from the 2010s). Spot the underlying reality – the aberration was the 2010s!
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