Rob Waldner, chief strategist for fixed income at Invesco Advisers, says investors should turn to emerging markets and other places outside the U.S. to find value.
More than $7 billion was pulled from the $172 billion Vanguard S&P 500 ETF (VOO) on a single day this week, about 4% of the fund’s assets.
A record 14 new issuers entered the market in 2020, besting the 10 new entrants in 2019 and seven in 2018.