Visa Vi Notice that mutual fund managers are presently holding the least amount of cash in 33 years. One of the great stories that's not being flushed out is the ETF contribution to the market and how insignificant mutual funds have become. Hedge funds, private equity and ETF's are the liquidity and when it stops no one knows. But It's all about credit worthiness in my opinion and the risk taking being undertaken by the above entities not to mention the trading floor of the brokerages. it's back to the leveraged financial instruments and that's dangerous.
many facts in that post...interesting find. The higher the markets continue to trade without a pullback the more severe of a correction these markets will have.