US Investors’ Equity Exposure Tops Levels Seen Before Past Bear Markets

US and Canadian investors now keep close to 60% of their financial assets in stocks. This near-record concentration leaves household and institutional balance sheets heavily exposed to any drop in equity prices. The reading, flagged by The Kobeissi Letter, sits above the levels recorded before earlier bear markets. It also far outweighs the wealth that The post US Investors’ Equity Exposure