looks like real money is leaving equities and the 60/40 portfolio is coming back in
Real-Money Funds Dump $100 Billion of Stocks on Rebalancing
The world’s biggest money managers are set to unload up to $100 billion of stocks in the final few weeks of the year, adding to a selloff that’s snowballed since Jerome Powell’s unequivocal message that policymakers will press on with aggressive tightening at the risk of job cuts and a recession
https://www.bloomberg.com/news/artic...uverify%20wall