@DiMartinoBooth Agree w/ ur point, but the “because”
H.H. net worth equity exposure now ↑ vs ever before. Individs didn’t sell in Q418 $SPX rout, enduring net ±$9t swing in NW, &amp; were BUYERS in Mar20 (&amp; not just millens). Scary thot: maybe ppl getting vol desensitized &amp; feel can wait out storm? https://t.co/NVbIeT9137