The market calm of early 2019 is only a temporary lull in the market’s corrective process. Luring the unsuspecting into believing the worst is over.
You can’t really blame investors jumping out of active and into passive investments. One passive vehicle growing in popularity is exchange traded funds.
Exchange traded funds (ETFs) own such a big (and growing) chunk of stock. The so-called passive investors. But don’t be mistaken. These funds aren’t quite as passive as you think.