Interesting rotation last week. Big money piled back into large-cap ETFs—heaviest inflows by far—while inflation-protected funds saw the biggest exits.
Tells you something about where conviction sits right now. People aren't worried about inflation. They're chasing safety in size, or momentum in mega-caps, or both.
When TIPS get dumped and large caps get loved, it's either confidence returning or just exhaustion with complexity. Maybe both.
Watch what people do with their money. It's more honest than what they say.
Tells you something about where conviction sits right now. People aren't worried about inflation. They're chasing safety in size, or momentum in mega-caps, or both.
When TIPS get dumped and large caps get loved, it's either confidence returning or just exhaustion with complexity. Maybe both.
Watch what people do with their money. It's more honest than what they say.
