In the week just passed, the market enjoyed a brisk technical sell-off, abetted perhaps by a better balance of economic data than has been the case.
“European stocks currently offer more value for money than American stocks,” Finland's Timo Ritakallio says.
Analysts at Sanford C. Bernstein & Co. warn investors that the two-decade negative correlation between equities and debt is starting to unravel.
“Over a market cycle, we’ll put up our results against passive any day of the week,” CEO William Stromberg says.
Fed Chair Janet Yellen was the latest policy maker to comment, calling equity valuations "somewhat rich."
Low volatility has yet to stress the ETF market, Global Trading Systems' Ari Rubenstein says.
Investors in actively managed U.S. equity funds pulled money out for the 51st time in the past 52 weeks.
A 14-week streak continued while nearly $38 billion has been put toward emerging market equity funds this year.
Precious metals and commodities continue to lose popularity, as real estate and health care funds continue longest run of inflows since late last year.
After a 31-week high of $24.5 billion, equity funds failed to crack $1 billion in the week ending June 21.