The Wall Street Journal
Market ‘Capitulation’ Is Nowhere in Sight (So Far)
By Jason Zweig
Jon Stein, chief executive of Betterment, another online firm that manages ETF portfolios, says only 0.4% of its 130,000 clients have initiated any trades so far in January. However, 30% more clients have made new deposits so far this month than the New York-based firm had projected late last year, he says.