Billions Wiped Out as Stock-Safety Trade on Wall
Street Misfires
https://finance.yahoo.com/news/billions-wiped-stock-safety-trade-110000019.html
https://www.bloomberg.com/news/articles/2023-11-27/billions-wiped-out-as-stock-safety-trade-on-wall-street-misfires
Reeling from a bear market last year, beaten-up investors decided to send more than $60 billion to exchange-traded funds focusing on dividends.
Eleven months later, the trade is misfiring.
https://finance.yahoo.com/news/billions-wiped-stock-safety-trade-110000019.html
https://www.bloomberg.com/news/articles/2023-11-27/billions-wiped-out-as-stock-safety-trade-on-wall-street-misfires
Reeling from a bear market last year, beaten-up investors decided to send more than $60 billion to exchange-traded funds focusing on dividends.
Eleven months later, the trade is misfiring.