VFLQ, which seeks to take advantage of the premium associated with less-liquid stocks, has lost about 23% this year.

The interest rate on the one-year Treasury bill is an eye-popping 4.1%, up from .07% last year.

The Direxion Work From Home exchange-traded fund (ticker WFH), the largest with $37 million in assets, has plunged 44% over the past year and hasn’t seen an inflow since November 2021.

For the first time in years, money market funds are offering juicy yields.

A survey of investor sentiment is near levels of pessimism last seen before the bull run. Valuations don’t back that up.

Asset classes like equities and real estate generally outgrow inflation.

Wall Street has been on edge since SEC Chair Gary Gensler signaled last year that the agency may outlaw payment for order flow during its equities rules overhaul.