"All equity mutual funds and exchange-traded funds have issued $48.9 billion so far in September, which approaches the record $66.3 billion in January. This month's inflow is already the fourth-highest ever. U.S. equity ETFs alone issued a stunning $31.4 billion on the past eight trading days. Such massive inflows in such a short period are worrisome from a contrarian perspective."
Wise men say only fools rush in but, with the Federal Reserve Bank not tapering its $85 billion per month bond buying program any time soon (though keeping interest rates fairly low for now), is there anything to stop retail investors from falling in love with equities? And, when should investors start unloading
Analyzing what's next for the markets based on its fundamentals is John Stephenson, portfolio manager at First Asset Investment Management. On the charts is CNBC contributor Andy Busch author and publisher of the Busch Update.
To hear what Stephenson and Busch have to say about whether Icahn is right about the markets being overvalued, watch the video above.
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