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Stocks Are Overbought, so What? | WAYT

The Compound and Friends

CHAPTER

Seven Minutes in Heaven

ICI reported 22 billion estimated net inflow into domestic equity mutual funds and ETFs for the week ending June 16th. This surge in allocated capital was preceded by the most net redemption since November 2020, based on a rolling quarterly total. Ari Wald sees fun flows from here forward as fueling the next leg of the rally.

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