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Investors Yank Record Cash Out Of Stock, Real Estate, And Muni ETFs

FYI: With U.S. Treasury yields at multiyear highs, investors are pulling record amounts of cash out of large-cap stock, municipal bond and REIT exchange-traded funds.

The huge drawdowns are part of what some strategists are calling a big market rotation as growth stocks and smaller companies, winners earlier this year, get pummeled.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-10-09/investors-yank-record-cash-out-of-stock-real-estate-muni-etfs?srnd=etfs
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