The Independent Advisors Podcast: Episode 370 – The Bullish Case for Bad News

Mark covers a historic rush into money market funds and cash-like ETFs, at levels historically associated with major market bottoms, and what that could signal for investor sentiment. He looks at what history actually says about stocks after the Fed’s first rate hike of a cycle, a wave of bearish sentiment on AI that could be a contrarian bullish signal, and where the market expects the Fed funds rate to be a year from now. He closes with a financial planning topic on how much cash to keep in an HSA.