The market’s biggest investors just traded like they do right before ‘serious damage’ is inflicted on stocks — and one expert warns another painful meltdown could soon strike

  • Institutional investors — including mutual-fund managers and pension funds — made massive bullish bets on the stock market from late June through the most recent peak in July.
  • According to Lori Calvasina, the head of US equity strategy at RBC Capital Markets, their “euphoric” futures trading was eerily similar to the eves of recent stock-market meltdowns, including the 2008 crisis.

Source: The market’s biggest investors just traded like they do right before ‘serious damage’ is inflicted on stocks — and one expert warns another painful meltdown could soon strike

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