Did Corporate Insiders Perfectly Predict the Market Top?

<p><span style="font-weight: 400;">Today on the Brief:</span></p> <ul> <li style="font-weight: 400;"><span style= "font-weight: 400;">Initial U.S. jobless claims up to 870,000</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Partial lockdowns begin in earnest in Europe and Israel</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">The global demand for American stocks</span></li> </ul> <p><span style="font-weight: 400;">Our main discussion: Did corporate insiders perfectly time the market top? </span></p> <p><span style="font-weight: 400;">August saw the largest volume of insider selling since 2015, with more than 1000 corporate officers offloading $6.7B in stock. Subsequently, the market has seen a 10% decline since the S&P500 all time high of Sept. 2. What’s more, according to new statistics, insider selling is happening at the fastest pace since 2012. </span></p> <p><span style="font-weight: 400;">The question is: What do these executives know that the rest of the market doesn’t?</span></p>