
“Currently, according to Ned Davis Research, stocks represent 40% of total household financial assets, much higher than the 28.2% average allocation since 1951. There’s been only one other occasion since 1951 in which stock allocation was higher than it is today — at the top of the late 1990s internet bubble, when it rose to 47.5%. Every other major stock market top of the last seven decades, in contrast, occurred when households’ equity allocation was lower than today’s level. At the 2007 stock market top, for example, the allocation peaked at 37.1%.”
Read more: http://www.marketwatch.com/story/why-your-neighbors-stock-buying-should-worry-you-2017-10-03
Related posts:
Iceland Seen Threatened by Capital Flight From Its Own Citizens
ACLU: Secret program blacklists immigrants who are ‘perceived to be Muslim’
Phoenix Police Officer Is Sunk By Own Cam
Sputtering War on Drugs In Afghanistan
Scotland Yard stole dead children’s identities
Bloomberg Strikes Again: NYC Bans Food Donations To The Homeless
Following the Bitcoin trail
Men Find Careers in Collecting Disability
Barclays Examines Possible Data Theft From 27,000 Customers
SEC Head Nominee Mary Jo White’s Latest Conflict of Interest
'Frustrated' Monsanto withdraws all EU approval requests for new GMO crops
Marc Andreessen sings Bitcoin's praises
India ATMs stop sucking in cash after exploit by scammers [2012]
India may ease gold import curbs later this month
Virtual cash is no threat to the real thing, Bank of Canada paper says