There is evidence of a material de-risk by the retail investor. Money Markets, for example, registered the largest weekly inflows on record this week +$159B, breaking the prior record seen two weeks ago +$94B. Second, GIR analysis suggests U.S. household equity allocation percentile vs history peaked at 92 percent in late Feb and now stands…
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A handful of white tents popped up in Central Park’s East Meadow on Sunday. The structures are Mount Sinai’s new 68-bed field hospital and are just one creative way that New York City is hoping to create 40,000 more hospital beds.