European equity ETF inflows abruptly slowed to less than 1 percent of assets in the wake of ECB head Mario Draghi’s hint at a reduction in stimulus. Buying interest has shifted to emerging-market equities.
In the week just passed the bond market had a modest correction that, unlike it's bearish predecessor, strikes me as being as much about data and the Fed as oversold technicals and sentiment.
A new ETF tracks corporate sponsors for American pro sports, CIBC makes a wealth management move in Chicago, and how millennials use payment app Venmo (it's not just to split the check).