News | 02.05.19
Mom and Pop Sit Out Rally, with Stock Exposure at 6-Year Low
Clients of TD Ameritrade, already skittish at the end of 2018, further cut their exposure to the stock market in January. The firm's Investor Movement Index, which tracks clients' positioning in the market, declined for the fourth straight month to its lowest since July 2012. Clients using TD Ameritrade's platform still bought financial products, but those that are less risky with lower sensitivity to market gyrations. For exchange-trade funds and mutual fund purchases, the products tended to be more index-based. Clients also focused on fixed-income assets.
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