Image Source: Pexels

Retail Money Funds continue to post record highs, fear of recession continues at a high level. Retail Money Funds have a long history of turning lower only when the perception of recession gives way to economic recovery. As recession fear builds, so do Retail Money Funds. But as recessions end. Retail Money Funds decline as capital flows into equities. It has been a very distinct turn historically and this makes Retail Money Funds useful as a market psychology measure.

This time around has been different than every other in that a top few issues, less than 20 names, have driven market indices higher to extreme valuations while the remaining have lagged at various levels of discounted valuations.

Avoid the overvalued issues and invest in the rest!!

More By This Author:

PMI Continues To Counter Reality
Consumer Health Improving
Real Income Continues To Rise