FYI: Investors are increasingly shifting from bets that U.S. stocks will rise, flipping their cash into exchange-traded funds that profit when markets tumble.
About $218 million has flowed out of bullish leveraged ETFs tracking the S&P 500 Index this year through Monday, even as the benchmark rebounds from its worst month in almost a decade. Meanwhile, funds that capitalize on inverse movements in the benchmark have attracted almost three times that amount in inflows, putting them on course for their best month of asset gathering since July 2016, according to data compiled by Bloomberg.
Regards,
Ted
https://www.bloomberg.com/news/articles/2019-01-15/betting-s-p-500-will-fall-traders-shift-cash-in-leveraged-etfs?srnd=etfs
