4-point spread has opened between S&P 500’s forward (blue) and trailing (orange) P/E ratios pic.twitter.com/usF4Ys19oC

Flows out of U.S. large caps have accelerated markedly ... conversely, interest in agg bond funds has picked up (alongside flows into government bond funds) ⁦@DataArbor⁩ pic.twitter.com/e9WfnKiM5m

The most consensus call this year was the Fed cutting and lower rates. So of course, the opposite happened. In my latest @CarsonResearch blog, I discuss why we faded the consensus to start the yr, but now are fading the hawkish talk as well. www.carsongroup.com/insights/blog/rates-are-higher-just-like-everyone-expected/

Since 1990, I found 20 other times the S&P 500 opened green, but eventually closed red three consecutive days. It just happened today. Negative returns on avg a month later and up only 55% of the time. Could this be a subtle clue the bulls are losing control? pic.twitter.com/44TsdTybMZ