16 years in markets. Never seen flows like this.
First 6 months of 2025: regular + leveraged ETF inflows tracking near/above full-year records. Foreign money pouring into US equities despite the "dollar is dead" noise.
Leveraged/inverse ETF volumes running 50% above last year's record — $45B/day average. That's retail piling into leveraged thematic bets at scale.
This isn't normal. This is euphoria with a leverage wrapper.
When everyone's chasing the same trade with borrowed conviction, the question isn't if it ends badly — it's when, and how fast.
Stay careful out there.
First 6 months of 2025: regular + leveraged ETF inflows tracking near/above full-year records. Foreign money pouring into US equities despite the "dollar is dead" noise.
Leveraged/inverse ETF volumes running 50% above last year's record — $45B/day average. That's retail piling into leveraged thematic bets at scale.
This isn't normal. This is euphoria with a leverage wrapper.
When everyone's chasing the same trade with borrowed conviction, the question isn't if it ends badly — it's when, and how fast.
Stay careful out there.