European Region ETFs Reap The Benefits Of Domestic ETF Outflows

Summary

• Economists expected the U.S. economy to have added 185,000 jobs last month, following the 223,000 added in December. Forecasts also had the unemployment rate increase from 3.5% to 3.6%.
• The job numbers shocked everyone, as U.S. employers continually appear in the headlines announcing job cuts.
• Is this push into international funds and away from U.S.-focused investments going to persist?

aprott

Federal Reserve Chair Jerome Powell said this week that the labor market remains “out of balance.” Economists expected the U.S. economy to have added 185,000 jobs last month, following the 223,000 added in December. Forecasts also had the unemployment rate increase from 3.5% to