Investor behavior has reached an extreme not seen in 15 years. Here’s why that could be signaling a stock-market explosion to new highs.

A recent study from Bernstein finds that flows into bonds and out of stocks have diverged to a degree not seen in 15 years. The firm argues that this ongoing bifurcation could send stocks soaring higher in the future, and provides historical context to support its assertion. Click here for more BI Prime stories.

The word “rational” rarely comes to mind when investors think about the mercurial, day-to-day gyrations of the market. When tension

Continue reading...