Think back to 2007….If someone would have told you almost $600 Billion would be withdrawn from Domestic U.S. stock funds over the next six years, what would you have said to them if they then told you… the S&P 500 would be at all-time highs? Hmmm at the least! 

At times like this when the Dow and S&P 500 is hitting all-time highs, it is common to wonder if too many people are invested in the markets?  Is a decline ready to happen?  Does the table above have something to do with the phrase…“this is the most hated rally ever?

Stocks hitting all-time highs with outflows does make me question a lot of things…one of them being… what would happen to stocks if they would experience only part of the $1.3 Trillion of bond inflows have seen over the past six years?


WTF?  For sure….Watch The Flows!!!


How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past