Asia ex-Japan, Latin America and global emerging markets funds continued their recent strong performance.

Lower than expected inflation rates helped continue the best run since the first quarter of 2017.

Investors favored financials amid the second quarter earning season; consumer goods funds take in $124 million.

Postelection zeal is flagging.

Investors should beware a rise in bond yields, a downturn in economic data or a policy misstep in a large emerging market.

Investors should guard against complacency.

These assets are in the midst of a prolonged drawdown.

Donald Trump's election gave a sharp boost to demand for socially responsible investment funds, just as several large asset managers moved into the field.

Each time Vanguard names a new chief executive, stocks take a catastrophic tumble.

The outperformance of bonds since the financial crisis, risk aversion and regulations unfriendly to equities have helped create a preference for fixed income.