Has the US stock market not yet hit bottom? Retail investors in the "final market clearance" are buying more as they incur greater losses

As the U.S. stock market is hit by concerns over trade turmoil and economic slowdown, retail investors are still doubling down, despite increasing losses. JP Morgan data shows that retail investors injected over $12 billion into the market in the week ending March 19, with a buying pace above the 12-month average. Analyst Emma Wu pointed out that the buying behavior of retail investors may indicate that the market has not yet bottomed out, contrasting sharply with the withdrawal of institutional investors. Despite a 7% loss this year, retail investors still exhibit a "buying on dips" mentality