There's A Big Problem With Buying The Dip
There's a "buyers strike", according to Goldman trader Mark Hibbert, and for dip-buyers - as we explain below, that is a major problem that is not going away anytime soon.
A lot has been made regarding still 'elevated' HF gross exposures, but a closer look at mutual fund cash levels paints a more concerning outlook for stocks...
Cash as a % of total assets is hovering at 20-yr lows...
