Capital Flows and Asset MarketsLEVERAGED ETFS WILL BE A PROBLEM2341×Preview0:00Current time: 0:00 / Total time: -0:41-0:41Audio playback is not supported on your browser. Please upgrade.LEVERAGED ETFS WILL BE A PROBLEMLeverage can turn a good idea in a bad investment very quickly.Russell ClarkJun 23, 2026∙ Paid234ShareSubscribeThe use of levered ETFs has grown substantially over the years. This year has seen record notional volumes.200 stocks have their own levered or inverse stock ETF now.It should be unsurprising that long leveraged ETFs dominate.This post is for paid subscribersSubscribeAlready a paid subscriber? Sign inCapital Flows and Asset MarketsExplaining how capital flows and asset markets workExplaining how capital flows and asset markets workSubscribeListen onSubstack AppRSS FeedAppears in episodeRussell ClarkRecent EpisodesGATES, PRIVATE CREDIT AND ME16 hrs ago • Russell ClarkFROM THE ARCHIVES!Jul 9 • Russell ClarkMY READ OF THE AI TRADEJul 9 • Russell ClarkIS IT FINALLY TIME FOR THE TREASURY MARKET TO CRACK?Jul 8 • Russell ClarkHOW DO MARKETS TOP? HAS THE US TOPPED OUT?Jul 7 • Russell ClarkTRACKING CHINA RETAIL GOLD FLOWSJul 3 • Russell ClarkJUNE UPDATEJul 1 • Russell ClarkA BETTER LEAD ON GOLD PRICEJun 29 • Russell Clark