FYI: .ETFs saw their second-biggest week of inflows ever at $31.4 billion as the Dow industrials threaten the 25,000 mark.
.The big surge in investor cash, particularly to passive funds, often coincides with market "melt-ups," according to market strategist Ed Yardeni.
.Stock-focused funds — both ETFs and mutual funds — have pulled in a net $294.7 billion year to date, according to Bank of America Merrill Lynch.
Regards,
Ted
https://www.cnbc.com/2017/12/15/surge-in-investor-cash-to-stocks-triggers-more-melt-up-fears.html
