This is true. It’s known as the “denominator effect”.
This was also seen in the last ~6 months in the real estate markets as funds became over-concentrated in RE after equities fell over the last year
Thank you for this. Been trying to do a search and find the name or characterization described.
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Glad I could help! And thanks for the zap! Feels great to provide the community some value as a lowly pleb
We are all lowly plebs on this glorious Friday and sats are on sale!