FYI: Warning signals are flashing from the exchange traded funds industry as investors intensify their use of ETFs to shield portfolios from the risk of a sharp correction in the US stock market.
The huge volume of trading activity linked to ETFs means these index tracking funds have become a closely watched barometer of US market conditions for institutional investors and professional traders
Regards,
Ted
https://www.ft.com/content/a3e4477e-dcf4-11e8-8f50-cbae5495d92b