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by epistasis
2137 days ago
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Is ETF investing driving the current inflated prices? I wouldn't doubt it, but hadn't seen data. It's also important to note that different sectors are getting hit in different ways. Renewables up, oil majors down. Tech way up. So if total-market ETFs are pumping in money, they are just inflating overall valuations, and investors are the ones deciding which sectors and companies are winning or losing. Or if it's market segment ETFs, that would also be an interesting story. |
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