- "Risk has been reset big time," says BAML's Michael Hartnett, noting the latest great rotation - bond funds suffered $10.3B in outflows last week, with equity funds seeing $10.8B in inflows. It was one of the biggest moves between the two asset classes in two years, and is a big reversal from the "bond mania" of the post-crisis period in which net inflows as a percent of AUM were just 6% for equity funds and a whopping 66% for fixed-income.
- ETFs: AGG, BND, BOND, PTY, CRF, RCS, VV, USA, SCHX, DBL, BTZ, HTR, PCM, SCHZ, ZF, JHI, BHK, FEX, JKD, TAI, EEH, JMM, LAG, ICB, EQL, VBF, ARMF, FBND, IWL, PAI, SAGG, GBF, IUSB, ERW, FWDD, ZLRG, VBND, SYE, SBUS