Odaily News Strategists and wealth advisers say U.S. retail investors are growing increasingly uneasy about the stock market rout, seeking more investment advice, questioning whether to buy the dip and looking for safer havens. "We're seeing less and less bargain hunting, which we haven't seen in a while, and that tells us people are taking a step back," said Joe Mazzola, chief strategist for trading and derivatives at Charles Schwab.
He said the firm began to see a gradual increase in risk aversion among retail investment clients in mid-February as those with larger portfolios became net sellers. Overall, money market funds have high cash levels and record assets, according to the Investment Company Institute. Analysts at Crane Data, which tracks market flows, said cash levels rose steadily last week to a new record of $7.3 trillion. By comparison, the figure at the beginning of 2025 was about $7.17 trillion. (Jinshi)
