Since late March, some 550 tons of gold -- worth $30 billion at today’s price and roughly equal to global mine output in the period -- have been added to Comex warehouse stockpiles.

The iShares 0-3 Month Treasury Bond ETF invests in securities maturing in three months or less.

Many of the big gains reported by so-called tail risk funds and others are being presented in a misleading way.

Roughly $1.4 billion was yanked out of the FI Large Cap Growth Enhanced ETN, ticker FLGE, a fund that uses leverage to deliver twice the return of the Russell 1000 Growth Total Return Index.

“There’s no need for the Fed to be using all of their firepower now when the market is functioning smoothly.”

'I think what's actually emerging here is ESG has more semblance of being the new quality factor.'