Yeah thats because the INCREASE in capital gains tax occured recently, so the data that matters is the 2025 cohort surely. I would bet my left squirrel nut that there is a massive outflow in 2025. If anything the 2024 concerns were prescient.
Then those locked into the X-rinse-and-repeat-loop echo the same hysteria, as if they’ve just discovered some kind of wisdom when they have simply been overtrained.