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Why Are Billionaires Selling? Is A Market Crash Ahead?

Why Are Billionaires Selling? Is A Market Crash Ahead?

With S&P Global standing at its all-time high, one would expect investors and market participants to hold on to their stock investments. However, according to the market indications, many elite and billionaires have hoped on a selling spree for stocks and funds. From Jeff Bezos to JP Morgan’s head, many company leaders have sold their stock holdings worth millions of dollars as pointed out by Coin Bureau. Amid this huge selling trend among the rich and elite, participants are now worried that a market crash is around the corner.