If today's mutual fund flow data is any indicator, the markets may just be headed into a brick...

|By:, SA News Editor

If today's mutual fund flow data is any indicator, the markets may just be headed into a brick wall. The most recent numbers show that after years of running from equities, the retail crowd is coming back in a big way. Mom-and-pop money is flowing into equities at a pace not seen at least four years, and sentiment surveys and volatility measures show almost no fear in the market. As we have seen before, such periods have often preceded a downturn.