FYI: The stock market’s best quarterly surge since 2012 has largely been ignored by buyers of exchange-traded funds.
These investors continue to shun the S&P 500, despite the index’s 12 percent gain, instead pouring $33 billion into fixed-income funds, data compiled by Bloomberg show. That’s more than double the $15 billion absorbed by stock ETFs in the quarter through March 27, and the largest ratio of flows into bonds over equities in three years, the data show.
Regards,
Ted
https://www.bloomberg.com/news/articles/2019-03-28/bond-mad-investors-ignore-stock-market-s-best-quarter-since-2012
