How Stocks Became 2014 Underdog Trade

ConvergEx looks at year-to-date ETF inflows and outflows and picks up on something rather interesting – after an incredible year in 2013, investors are now shuffling their portfolio assets back toward bond ETFs and away from stock ETFs. We’ve seen $17.7 billion go into bond ETFs since January 1st while a net $16.3 billion has come out of their equity counterparts…

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