JPMorgan: Retail investors show first signs of buying fatigue in US stocks.

Due to escalating tensions in the Middle East and concerns about inflation dampening risk appetite, US retail investors' consistent strong support for stocks has weakened. A team led by Morgan Stanley strategist Arun Jain stated that after strong demand throughout the year, including seasonal performance, retail investors' weekly buying intensity has decreased by about 30%. The team wrote: "This is the first time this year that retail investors have shown signs of sustained weakness. Monday became the largest day of net selling of individual stocks in a month, followed by net buying on Tuesday and Wednesday, but the pace remains below the average level from the beginning of the year."