The funds increase their hedging positions

Fund managers did not enjoy the growth of US indices, bringing them to new record highs. In fact, they have increased their hedging activity on their portfolios at the fastest pace since 14 months, according to Bank of America Merrill Lynch.
73% of Bloomber survey respondents indicate that they have undertaken some insurance portfolio insurance from a potential strong correction for the indexes.
This, at first glance, seems imperceptible when judging by the level of trading on the Volatility Index - VIX. The survey was conducted between September 1 and 7, among people, managing assets worth $629 billion.
A particularly significant warning was made, not by anyone, but by the famous investor John Husman. He predicts a drop in shares of 60%. According to him, there is now a general overvaluation of indices and stocks.
Husman is not the only one who warns of excessive asset valuation. Other leading experts who think we can see a serious correction include Tom Forrester from Forester Capital Management. According to him, the collapse in one sector will trigger the so-called domino effect of the whole market.