A 2% post-Thanksgiving slump in the U.S. stock market couldn’t have come at a worse time for investors in exchange-traded funds. More than $38 billion flowed into equity-focused ETFs in November, the biggest monthly influx in almost two years, data compiled by Bloomberg show. The inflows accounted for about 77% of cash absorbed by U.S. ETFs in the period through Nov. 30, the highest proportion since April.
Liquidity moves markets!Follow the money. Find the profits!
Fortunately for the stock market, the latest good news about US trade with China helped bolster a rally. Until we find out tomorrow that …
Or is it Fools Rush In?