Traditional investor running to cash 👀
Flows into money market funds and cash ETFs are at the highest level since 2018.
In other words, there’s a pile of people leaving risk behind to sit in the dollar earning interest.
What’s funny to see on the $SPX chart is that the previous peaks of this indicator were in 2018, 2020, 2022, and 2025.
Precisely at local trend exhaustion points.
And what if all this pessimism about September/October isn’t as real as the tradfi believes?
Flows into money market funds and cash ETFs are at the highest level since 2018.
In other words, there’s a pile of people leaving risk behind to sit in the dollar earning interest.
What’s funny to see on the $SPX chart is that the previous peaks of this indicator were in 2018, 2020, 2022, and 2025.
Precisely at local trend exhaustion points.
And what if all this pessimism about September/October isn’t as real as the tradfi believes?
