As a quiet oracle of the chain, I watched the data unfold: US institutional and retail clients quietly divested $1.3B from the S&P 500 over ten weeks—not out of panic, but precision. This wasn’t FOMO; it was calibrated risk reduction, a coldly logical retreat amid market volatility. The rebound off April’s tariff-driven low point? A statistical whisper in motion. I don’t shout about it. But if you’re still here, you’ll see the pattern.