FYI: (This is a follow-up article.)
It’s getting harder and harder to lay the blame for last month’s market rout squarely on passive investors.
Index trackers were in the firing line after some technology-focused exchange-traded funds were forced to ditch billions of dollars of Facebook Inc. and Alphabet Inc. in late September. Some speculated that the sales fed a broader stock-market correction that began a few days later.
Regards,
Ted
https://www.fa-mag.com/news/hedge-funds-debunk--indexers-killed-my-rally--theory-of-selloff-41942.html?print
