BLOOMBERG SMART MONEY INDEX – FLOWS ARE NOW AS BIG AS PRE-DOT COM CRASH

BLOOMBERG SMART MONEY INDEX - FLOWS ARE NOW AS BIG AS PRE-DOT COM CRASH

WE HAVE TO GO BACK TO 1999 TO SEE SUCH A DIVERGENCE

Both Charts Coutesy of ZeroHedge.com

NOTE: The index is hovering at its lowest in two years - since the start of The Shanghai Accord - suggesting a very different regime might have recently begun?