What Bubble? - Mutual Funds and ETF Cumulative Flows into Equities and Bonds Since 2009

Are U.S. equities a long way away from being in bubble territory, as inflows since 2009 have gone into bonds, not equities?

Image: Fidelity Investments

What Bubble? - Mutual Funds and ETF Cumulative Flows into Equities and Bonds Since 2009