Ned Davis – The Passive ‘Bubble’ Is About To PopRupert Hargreaves
Is there a passive Investing Bubble? Yes, and it might be able to bust according to one prominent research shop. Investors’ preference for passive equity exposure is a side effect of overvalued markets and this passive “bubble” will pop when the market eventually corrects that’s according to a recent research note from analysts at Ned Davis Research.
The note draws attention to the fact that at the top of every market, investors always cling on to the narrative of the times to rationalize excess. This time around . . .
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