• Billions Wiped Out as Stock-Safety Trade on Wall Street Misfires

    From useapen@21:1/5 to All on Tue Nov 28 10:01:25 2023
    XPost: free.biden.sucks, alt.politics.republicans, alt.fan.rush-limbaugh
    XPost: talk.politics.guns, sac.politics

    Dividend ETF flows near record lows following last year’s boom
    Safety trade has underperformed in 2023 as tech stocks rally

    Reeling from a bear market last year, beaten-up investors decided to send
    more than $60 billion to exchange-traded funds focusing on dividends.

    Eleven months later, the trade is misfiring.

    https://www.bloomberg.com/news/articles/2023-11-27/billions-wiped-out-as- stock-safety-trade-on-wall-street-misfires#xj4y7vzkg

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