The insider buy/sell ratio just hit 0.24.

The people who run America's largest corporations are selling their own stock at the fastest pace in recorded history.

Institutional cash: all-time low.
Hedge fund leverage: all-time high.
Margin debt: 7th consecutive record.

The insiders are voting with their own money.

The institutions are voting with other people's money and their career incentives.

One of them is catastrophically wrong.