Flows into equity funds updated

The outflows continue. There was no episode of significant inflows since the lows in February 2016! I do not think that a more important top may take place before we see significant inflows into mutual funds.

Note: only flows into US mutual funds are considered. The chart is updated as of October 2017

The New Bull

From time to time, it's best to tune out all the noise and just take a look at a chart. The emerging bull - Europe:

The Contrarian Approach

This bull has a long way to go:

Secular Bull Legs

Secular bull legs before corrections greater than 10%:

If the market falls