Welcome back.
Yesterday, I talked about how we are in a target-rich environment for taking trades.
Today, I want to show another chart that supports this thesis…
Because it shows that the money is pouring in.
This chart shows the weekly global money flows into stocks (aka risk assets) versus money-market funds (aka risk-free assets).
Basically any spike below the zero midline is a weekly outflow from stocks and into money-market funds…
While anything above the midline is a weekly outflow from money-market funds and into stocks.
As of last week, Goldman Sachs data records a net $133 billion inflow into stocks versus money-market funds.
That is the third-largest net inflow into stocks dating back to 2008.
In other words – the money is pouring into risk assets.
And that leads to the most important question to ask yourself right now.
I elaborate on that question below.
Ross Givens
Editor, Stock Surge Daily
Chart of the Day
This chart shows the weekly global money flows into stocks (aka risk assets) versus money-market funds (aka risk-free assets).
Basically any spike below the zero midline is a weekly outflow from stocks and into money-market funds…
While anything above the midline is a weekly outflow from money-market funds and into stocks.
As of last week, Goldman Sachs data records a net $133 billion inflow into stocks versus money-market funds.
That is the third-largest net inflow into stocks dating back to 2008.
In other words – the money is pouring into risk assets.
And that leads to the most important question to ask yourself right now.
I elaborate on that question below.