FYI: Exchange-traded funds that invest in companies around the world shed almost $20 billion in assets, the biggest monthly outflows in history, said Matt Bartolini, head of Americas research for State Street Corp.’s ETF business. Global stock markets fell after President Trump intensified trade battles with China and Mexico, leaving investors with few palatable options beyond seeking refuge in the safest bonds.
Regards,
Ted
https://www.wsj.com/articles/investors-took-may-vacation-from-stock-funds-11559671991?mod=md_mf_news
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