Allan Sloan is a seven-time winner of the Loeb Award, business journalism’s highest honor.
There are times when simple numbers tell a big story for investors — and this is one of them.
Today’s numbers involve index funds: Mutual funds that seek to replicate market indicators like the Standard & Poor’s 500 Index or the Nasdaq market or the total U.S. stock market rather than try to outperform them.
For the first time in history, retail investors’ index fund holdings exceed their…
Source link
