Who Is Behind The Stock Market Weakness?

This week Real Vision’s Roger Hirst uses Refinitiv’s best-in-class data to look at the recent weakness across stocks and bonds. If retail investors are buying the dips and institutions have liquidated few of their positions, then who is behind this weakness? One of the clues could be in the higher volatility across bond and currency markets and how that affects the dynamics of the rules-based funds who were the constant buyers over much of the last decade.