You Might Be Left Holding the Bag...

Posted On Aug 16, 2021 By Addison Wiggin

After setting new highs last week, the major stock indexes started the day in retreat. Among the reasons given for the pullback were rumors that the Federal Reserve might reduce cash injections into the markets sooner than expected. While it didn’t take Wall Street long to shake off those fears, Charles Hugh Smith — my Session guest this week — thinks something sinister might be in play. He points to the rising number of retail investors and the large amounts of money that institutions are throwing around to attract them. But Charles doesn’t think the Wall Street elite are just looking to expand their client base…


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