Did ETF Re-balancing Move The Market?
April 03, 2020 at 15:44 PM EDT
This is a question I have been asked now at least 10 times since the beginning of trading this week, and it’s a reasonable question. After all, if 34-45% of the dollar value traded is ETFs these days (which it has been) the implication is, to be cavalier about it, that ETFs are a big...