themackattack

Are the mutual-fund investors who are pouring money back into emerging markets, junk bonds and volatile energy a) trying to make up for losses, b) chasing performance, c) headed for a big fall?

could it be that, with imminent destruction off the table and the vix at a reasonable level, buy and hold investors are simply buying the assets that will appreciate most significantly over the next 10+ years (irrespective of their recent impressive gains)?

naaa, couldn't be...