TACO Thunder: Retail Investors Bought Tuesday's Dip In Record Amounts

While the broader market was panicking on Tuesday ahead of Trump's Davos speech (where the topic of Greenland was sure to feature prominently) and following the historic rout in Japanese bonds, one group of investors - the same group that may have read our Monday article "Why JPMorgan's Desk Thinks The Greenland Standoff Ends In A Bullish "Negotiated Arrangement" - was furiously buying the dip in anticipation of yet another TACO turnaround. They were right. 

As JPMorgan writes in today's edition of its weekly Retail Radar note (available to pro subs), retail investors have continued to set new records this year, culminating with an impressive $12.9BN this week, largely due to near record buying during Tuesday's market rout. Looking further back, the 21-day rolling sum of retail buying just topped $45 billion for the first time ever as ordinary investors appear to no longer have any fear of the market.