I found this to be very interesting. I hope you do as well.
Do you also think that stock buybacks and central bank back door purchases are taking place? Let me know.
Money is leaving equities. It’s gone. But the stock market is up. In fact, the market has risen every single month in 2017. Here we are in 2018 and the previous 12 months, we have seen consistent record highs. So how can this be?
equity flows ICI three years.jpg (855×486)
https://www.zerohedge.com/sites/default/files/inline-images/equity%20flows%20ICI%20three%20years.jpg
CEOs Aren’t Waiting for the Tax Bill to Pass — They’ve Already Started Pocketing the Windfall
https://theintercept.com/2017/12/18/tax-bill-corporate-rate-stock-buyback/
sc (900×673)
http://stockcharts.com/c-sc/sc?s=%24SPX&p=D&yr=1&mn=0&dy=0&i=t71186110730&r=1514841792172
sc (700×530)
http://stockcharts.com/c-sc/sc?s=AMZN&p=D&yr=1&mn=0&dy=0&i=t27796475779&r=1514865946374
fredgraph.png (1168×470)
https://fred.stlouisfed.org/graph/fredgraph.png?g=hh3R
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