Capital Flows and Asset MarketsLEVERAGED ETFS WILL BE A PROBLEM2441×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∙ Paid244ShareSubscribeThe 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 EpisodesWHAT PUTS THE FEAR OF GOD INTO ME2 hrs ago • Russell ClarkINTO THE DARKNESS5 hrs ago • Russell ClarkGLT/TLT AND DUMMYMANDERINGNov 5 • Russell ClarkGLT/TLT AND THE MIDTERMSNov 4 • Russell ClarkAI HAS MORPHED FROM A CAPITAL WAR TO A NARRATIVE WARNov 3 • Russell ClarkARE TIPS SAYING TLT IS A BUY?Nov 2 • Russell ClarkOCTOBER REVIEWNov 2 • Russell ClarkIS OIL A BETTER INFLATION HEDGE THAN GOLD?Oct 30 • Russell Clark