SPXL - Calm Before The Storm Or Just Plain Calm?

• According to the most recent Flow Show report issued by BofA Merrill Lynch, $576 billion flowed into global equity funds in the past five months, since November 2020. That’s larger than the $425 billion invested in equity funds for the entire 12 years prior to that.
• From fundamental valuation multiples to technical chart indicators to fuzzy "sentiment" gauges, the market is flashing a number of cautionary signs, and market pundits are taking note.
• Any bet on a short-term correction, though, should consider the larger picture. A number of economists believe this economic growth cycle could be stronger than the last one.
• And yes, there will probably be some inflation to go along with the growth.

For further details see: