According to @KobeissiLetter, individual investors are on track for their 23rd consecutive month of net stock purchases, signaling continued retail buying in U.S. equities (source: The Kobeissi Letter, X post on Nov 27, 2025). According to @KobeissiLetter, this streak is second only to the 32-month run from April 2020 to November 2022 (source: The Kobeissi Letter, X post on Nov 27, 2025).

According to @stocktalkweekly, Goldman Sachs reports that U.S. investor sentiment is depressed despite all-time high equity prices and that money market fund inflows have exceeded stock market inflows over the past 12 months (source: Goldman Sachs via @stocktalkweekly, Oct 5, 2025). Based on this reported flow imbalance, traders can use the cash-heavy backdrop as context when evaluating liquidity and risk appetite across equities and crypto markets, including how a shift in flows could affect risk assets (source: Goldman Sachs via @stocktalkweekly).