X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Photo credit: FreeDigitalPhotos.

Whenever Ben Bernanke speaks to the media, or stocks wobble, or interest rates rise, you are seeing investors do the kneejerk.

The kneejerk is not a new dance step. It’s an emotional response that indicates investors are thinking and acting short-term. In 2012, the kneejerk caused $156 billion of net cash to flee long-term U.S. equity mutual funds, according to the Investment Company Institute. In June of 2013 alone, it drove $80 billion of net cash out of long-term U.S. bond funds (mutual funds and ETFs), according to Trim Tabs Investment Research.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2022 ALM Global, LLC. All Rights Reserved.