Smart - Dumb Money Spread Nearing Zero


  • Jason Goepfert

    Jason Goepfert

    Published: 2019-01-22 at 16:11:16 CDT

The spread between Smart Money and Dumb Money Confidence is ending its streak above zero for the first time in months. When the S&P 500 has been mired in a downtrend at the time, this has led to medium-term negative returns.


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