Big flow into ETFs
According to the ICI, more than $21 billion flowed into domestic equity ETFs for the week ended June 10. That's the 5th-highest since at least 2014. There have been 12 weeks with an inflow of more than $15 billion, with half of those weeks in 2016-17. Since the beginning of 2018, there have been 6 weeks with an inflow that large, all of which preceded a decline in the S&P 500 in the next 4-8 weeks.
