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Mutual Funds Ate The Stock Market. Now ETFs Are Doing It.
FYI: There are now more stock market indexes in the U.S. than there are stocks. This remarkable turn of events, which transpired last year, was noted recently by Bloomberg Intelligence analyst (and sometime Bloomberg View columnist) Eric Balchunas and documented in this chart from the latest issue of Bloomberg Businessweek: Regards, Ted https://www.bloomberg.com/view/articles/2017-05-16/mutual-funds-ate-the-stock-market-now-etfs-are-doing-it
