2016 Ends With A Whimper: Stocks Slide On Last Minute Pension Fund Selling
![2016 Ends With A Whimper: Stocks Slide On Last Minute Pension Fund Selling 2016 Ends With A Whimper: Stocks Slide On Last Minute Pension Fund Selling](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/f3a9bb52679d8bb791eedcc3d9e1fc6d-500x336.jpg?itok=w5pX8ilz)
When we first warned 8 days ago that in the last week of trading a "Red Flag For Markets Has Emerged: Pension Funds To Sell "Near Record Amount Of Stocks In The Next Few Days", and may have to "rebalance", i.e. sell as much as $58 billion of equity to debt ahead of year end, many scoffed wondering who would be stupid enough to leave such a material capital reallocation for the last possible moment in a market that is already dangerously thin as is, and in which such a size order would be sure to move markets lower, and not just one day.