The Volatility of the Market

Robert McGrody: I've gone back and reread a lot of the stuff that I initially read when I first started listening to Mike Green and his thesis. He says in 2022 nobody really sold except for target date funds, but that wasn't driven by any kind of redemptions or anything like that. It was purely driven by the fact that 50% of the market is forced into target date funds,. The Fed killed the bond half of the target date, which meant the target date fund had to be balanced out of stocks to be balanced the portfolio. Go to HEDJI.com forward slash research to subscribe.